Citi has appointed William Pang to the new position of head of natural resources & clean energy transition (NRCET), investment banking, Asia, effective immediately. NRCET was established globally in March 2021 to support corporate clients with their transition to cleaner energy.
In his new role, Pang will work closely with the global leaders of NRCET and the leaders of relevant sectors – chemicals, energy, power and clean energy transition.
He will report regionally to Jan Metzger, Asia-Pacific head of banking, capital markets and advisory, and globally to NRCET co-heads Stephen Trauber and Sandip Sen.
Pang is currently head of power & infrastructure investment banking for Asia. He joined Citi in 2015, and has over 18 years of investment banking and legal experience. He will continue to lead infrastructure investment banking in Asia.
Metzger comments: “Clean energy transition is a global super trend that is accelerating rapidly and will last decades. The transition will entail innovation, disruption and massive structural changes to many industries and existing business models. The drive toward low and net zero carbon solutions will facilitate the formation and growth of many new companies and will require significant capital investment. It will also facilitate the formation and growth of many new companies requiring significant capital investment.”