Citigroup Private Bank has announced the hire of Dr Fong Cheng Hong in its Singapore offices. She takes on the role of senior private banker with effect from 13 June and will report directly to Tan Sushan, managing director and global market manager, Singapore.

ôSingapore is one of the Citigroup Private BankÆs most important markets. Our Singaporean clientele is among the most sophisticated anywhere in the world with a hands-on approach towards managing their assets,ö says Deepak Sharma, chief executive officer, Citigroup Global Wealth Management, Asia Pacific and Middle East. ôWe expect to be hiring more talents like Cheng Fong in line with the strong growth of our private banking business in Singapore and the Asia Pacific region.ö

Prior to taking on the role with Citigroup, Fong headed up the strategy/asset allocation/resource centre at DBS in Singapore. While at DBS, she was also responsible for overseeing its fixed income and global macroeconomic research units.

Before working at DBS, Fong was chief strategist, Asian debt capital markets for Nomura Singapore. Her resume also includes the roles of head of quantitative research for Asia at JPMorgan and as a computer systems analyst with the Malaysian's Prime Minister's office from 1985-1987.