People Moves

Citigroup Adds To Banking, Capital Markets, Advisory Teams

Editorial Staff, 23 November 2022

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The three managers are based in Hong Kong. The investment banking head comes with experience in fields including working with family offices.

Citigroup has made three senior hires in its Hong Kong banking, capital markets and advisory division, effective immediately.

Ben Ngai (pictured), named Hong Kong head of investment banking, has re-joined the firm. He has more than 26 years of banking experience, including working with family offices. Before this new role, he was at Standard Chartered Bank where he was most recently managing director in corporate, commercial, and institutional banking, responsible for covering blue chip conglomerates, family offices and public sector clients in Hong Kong. 

Prior to Standard Chartered, Ngai was head of Hong Kong coverage and before that co-head of financial sponsor coverage, investment banking at Credit Suisse. Ben first joined Citigroup in 2004 and was later promoted to director of financial entrepreneurs’ group.

In his new role, Ngai reports to Alex Schrantz, Asia-Pacific head of corporate finance and Hong Kong head of banking, capital markets and advisory.

Mimi Tse has been appointed as director and Hong Kong head of corporate and public sector coverage. She brings more than 15 years of client management experience, joining from HSBC where she was a senior coverage banker and team head in the corporate banking department. She reports to Joy Cheng, Hong Kong head of corporate banking.

Kathy Cheung has been appointed as director for corporate banking in Hong Kong. She was previously director for corporate and leveraged acquisition finance credit at HSBC in Hong Kong.

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