Citi hires new Asia head of funds due diligence

Citi has hired Gary Sim as Asia head of traditional managed investment due diligence to replace Chua Boon-Lee, who joined Singapore’s Central Provident Fund in July. Sim started his new job last week in Singapore, where he runs due diligence on funds for the region for both the consumer and private bank, a post Chua had held since December 2009. Sim previously looked after funds selection for the fund-of-funds business at LGT Investment Management in Singapore. His duties have b…