By Mia Lamar
Citigroup Inc. has picked Patrick Dewilde to run its Asia
markets and investor services business, putting a company veteran
in one of the bank's most important posts in the region, according
to a memo seen by The Wall Street Journal.
Mr. Dewilde, who first joined Citi in 1983, will move to
Singapore from London for the position, which oversees everything
from the bank's regional foreign-exchange business and its prime
brokerage to custody services and fund administration. He was most
recently working as head of Citi's local markets risk treasury and
markets head for South East Africa, Turkey and Israel.
Mr. Dewilde replaces Nadir Mahmud, who in February was tapped to
run Citi's foreign-exchange business. He replaced Anil Prasad, the
man who helped Citi develop its currencies business into the
second-biggest in the industry.
Write to Mia Lamar at mia.lamar@wsj.com
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