CITI Bank has appointed Damien Tan, a seasoned banking professional, as the head of its corporate bank for Singapore, effective from May 1. In his new role, Tan will be responsible for driving the performance of Citi’s corporate banking business in Singapore, overseeing relationships with top-tier local corporates, public sector entities, financial institutions, and multinational clients.
Tan, who previously served as Citi’s head of local corporates for Singapore, brings with him extensive experience in managing corporate relationships across various industries, including real estate, healthcare, and agribusiness. His expertise spans strategy development, client acquisition, product partnerships, and deal origination.
Having joined Citi in 2003, Tan has held various positions within the organization, including investment product manager at Citi Singapore’s offshore banking business and roles within the Asia fixed income syndicate team in Hong Kong. He holds a Bachelor of Science with Honours from the London School of Economics and Political Science.
According to K Balasubramanian, head of corporate banking for Asia South, and Tibor Pandi, Citi country officer and head of banking for Singapore, Tan’s appointment reflects his deep industry knowledge and understanding of the evolving needs of local corporate clients. Pandi expressed pride in Tan’s career growth within CITI, starting as a management associate and now leading the corporate banking business in Singapore to drive strategy and growth. Tan’s appointment underscores CITI’s commitment to leveraging talent and experience to deliver exceptional banking solutions in Singapore’s dynamic business landscape.
