Citi names new Asia Pacific Head

Yasmine Raso

Senior Journalist

19 January 2022

Global financial services corporation, Citigroup, has announced Stella Choe as the new Head of Citi’s Global Subsidiaries Group (GSG) for the Asia Pacific region.

Choe will replace Munir Nanji in the role, after he took on the position of Head of the Central Europe Cluster and Citi Country Officer (COO) for Czech Republic. Reporting to Marc Merlino, Global Head of GSG based in New York, and Kaleem Rizvi, Asia Pacific Head of Corporate Banking, Choe will also join the GSG Global Executive Committee and relocate to Singapore from Australia.

Choe joined Citi in 2014 as Head of Financial Institutions Group, Corporate Banking, Australia and New Zealand. In a letter to GSG employees, Merlino and Rizvi said Stella brings extensive experience to the role, most recently as Head of Corporate Banking, Australia and New Zealand.

Prior to joining Citi, Choe worked for HSBC Hong Kong in regional Acquisition Finance and Fund Coverage for six years. Previous roles also included Head of the EMEA Leveraged and Acquisition Finance Syndication Division at Morgan Stanley, where she was responsible for developing and implementing a variety of cross-border M&A-related financings, LBO’s, restructurings and emerging market transactions.

Prior to her banking career, Choe also worked for several international organisations including the International Labour Organisation (ILO) and the United Nations Conference on Trade and Development (UNCTAD) in Switzerland, and the International Organisation for Migration (IOM) in Belgium.

Choe has also acted as a mentor for organisations including Women in Banking and Finance and for the American Chamber of Commerce.