Citi Private Bank Appoints Christian Schuwey As Head of South Asia FX Advisory

For Immediate Release Citigroup Inc. (NYSE: C) January 20, 2020

Citi Private Bank Appoints Christian Schuwey as Head of South Asia FX Advisory

SINGAPORE – Citi Private Bank (CPB) today announced the appointment of Christian Schuwey as Head of South Asia FX Advisory with immediate effect. He is based in Singapore and reports to Adam A. Cowperthwaite, Managing Director and Head of Capital Markets – Asia Pacific.

Christian will be responsible for driving significant growth for CPB in the South Asia region, which include markets such as Australia, Brunei, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore and Thailand. This region has historically been the main driver of CPB’s Asia Pacific FX business.

Christian joins Citi from UBS Private Bank, where he was most recently a Managing Director leading a team of FX advisors operating in Singapore, Hong Kong, Tokyo and Taipei, covering ultra high net worth (UHNW) clients across flow and structured FX products.

A UBS veteran, Christian has over 30 years of experience with the bank and has devoted the entirety of his career to the FX markets. He spent over a decade as an FX trader at UBS Investment Bank, before moving to UBS Private Bank as an FX Advisor and then as Advisory Team Manager.

With extensive working experience in Europe and Asia, including two separate multi-year periods living and working in Singapore, Christian joins Citi with direct, longstanding relationships with some of Asia Pacific’s largest UHNW FX trading clients.

In partnership with CPB’s South Asia Global Market Managers, Bankers and Investment Counsellors (ICs) and working in close cooperation with the Head of North Asia FX Advisory Cora Chiu, Christian will focus on increasing the understanding and use of FX-linked investment products, hedging tools and funding solutions among the broader internal and external client populations in South Asia as well as marketing the private bank’s comprehensive FX capabilities directly to clients and prospects.

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About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.

About Citi Private Bank Citi Private Bank is one of the world’s fastest growing private banks; dedicated to serving worldly and wealthy individuals and families, providing customised private banking across borders. With approximately $460 billion in global assets under management, the franchise includes 48 offices, serving clients across 116 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, preserve legacies, and serve family and family business needs through objective advice and a truly open architecture investment platform. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.

Media Contact Shirley Lam +65 8828 9669 [email protected]