Citi continues GTS momentum

Internal transfers see Carmen Ling named head of GTS for Hong Kong and Faisel Ameen appointed GTS head for Vietnam.
CitigroupÆs regional global transaction services (GTS) division has continued to gain momentum with the firm announcing two key appointments. Transferring internally, Carmen Ling will take on the role of GTS head for Hong Kong, while in Ho Chi Minh City, Faisal Ameen is moved to the post of GTS head for Vietnam.

With immediate effect, both new appointees will report directly to Anthony Nappi, CEO and regional head of GTS in Asia-Pacific. In their respective markets, they will take responsibility for leading their country teams over a broad range of GTS business lines including cash management, treasury, trade, custody, clearing, fund administration, securities financing, depository receipts and agency and trust services.

In Hong Kong, Ling arrives at her new role from CitiÆs GTS department. For the bank, she was most recently head of customer coverage for GTS Hong Kong. First joining Citi in 1994, Ling started her tenure as a management associate and leapt into several senior positions in sales and relationship management.

She takes on her new role after Albert Ip, the previous head of GTS in Hong Kong, transferred to CitigroupÆs private banking division.

Ameen heads to the Vietnam role from CitiÆs GTS team in Hong Kong, where he was head of cash management sales. Working for Citi for 13 years, Ameen has also held positions with the firm in Australia, Dubai, Riyadh and elsewhere in its Hong Kong operations. When he first joined Citi, he was a management associate in Singapore.

He replaces Greg Trotter who left the role earlier in the year to become CitiÆs chief operating officer for trade in Hong Kong. In this role, Trotter holds responsibility for Asia-Pacific.

The appointments of Ling and Ameen are the latest in an aggressive promotion and hiring policy in 2006. Recently, Citigroup shuffled Nigel Dobson and Sridhar Kanthadai to the roles of regional head of cash management for Asia-Pacific in GTS and chief operating officer for GTS in Asia-Pacific. In 2006, it has also made significant appointments in its cash management and trade businesses.
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