Citi has appointed Vishal Kapoor as head of treasury and trade solutions (TTS) for Hong Kong. As TTS Hong Kong head, he is responsible for leading the team in driving the continuous growth of the business by delivering innovative payment, cash management, and trade finance solutions to institutional clients, including multinational corporations, financial institutions and public sector organizations.
Kapoor, a Citi veteran, has held several senior roles in his 25 years with the bank. Prior to being appointed to his current position, he was head of trade for Asia and played an instrumental role in transforming and growing the business by building and commercializing new trade product capabilities. Before joining TTS, he held a number of roles in capital markets origination and corporate banking at Citi Hong Kong and India.
He will report jointly to Rajesh Mehta, head of TTS for Asia-Pacific, and Angel Ng, chief executive officer for Citi Hong Kong and Macau.
“Hong Kong is the largest market for Citi’s treasury and trade solutions unit in Asia-Pacific, and the business has been delivering strong double-digit revenue growth over the past five years,” said Ng. “Companies across industries are increasingly realizing the need to accelerate the pace of their digital transformation, and Citi is well-positioned to support clients on their digitization journeys.”