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Treasury & Capital Markets / On The Move
Citi appoints commercial bank head for Singapore
Amit Dhawan is responsible for driving CCB strategy and financial performance in the country
The Asset 23 Apr 2024
Amit Dhawan
Amit Dhawan

Citi has appointed Amit Dhawan as head of Citi Commercial Bank (CCB) for Singapore, effective April 22.

In this role, Dhawan will oversee all CCB business and operations in the country and is responsible for driving the business’ strategy and financial performance, including deepening client relationships.

He reports to Gunjan Kalra, head of CCB for Asia North, Australia and Asia South clusters; Tibor Pandi, Citi country officer and head of banking for Citi Singapore; and Gaurang Hattangdi, head of coverage, CCB. Dhawan will serve as head of CCB for Singapore and also continue to be the head of emerging corporates (EC) for Asia.

Dhawan has over 30 years of experience in banking. He joined Citi as a management associate and has held several senior positions in corporate banking and risk management in Asia and Africa. He has been the head of EC for Asia since 2017 and prior to this, he was Asia-Pacific head of commercial lending management from 2012 to 2017.

CCB is an integral part of Citi’s global strategy and a key engine for growth. It focuses on delivering Citi’s competitive product suite, including cash and liquidity management, foreign exchange, trade finance, capital markets, and lending solutions, among others, to mid-sized corporates that are either global or looking at building an international footprint.

“Singapore is an important hub for Citi Commercial Bank, given its status as a top financial centre as well as its proximity and connectivity to other Asian markets. We are seeing the emergence of a number of emerging and mid-sized corporates in Singapore that are pursuing regional and global expansion. With his expertise and track record, Amit is well placed to support our CCB clients’ ambitions and help them grow their businesses, while taking our Singapore business to greater heights,” says Kalra.

In Asia, CCB serves clients in 11 markets including Australia, mainland China, Hong Kong, India, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand and Vietnam.