Business | Banking

Citigroup Inc promotes Michael Borch as new COO

For investment bank in Asia

  • Reuters
  • Published: 16:10 August 8, 2013
  • Gulf News

Hong Kong: Citigroup Inc has named Michael Borch as its new chief operating officer for its corporate and investment bank in Asia-Pacific, replacing Chris Laskowski in the role, according to an internal memo obtained by Reuters on Thursday.

The move will allow Laskowski to focus on the roles he retains as head of the financial entrepreneurs group for the region and head of corporate and investment banking in Hong Kong, the memo said. Laskowski had held the COO role since 2010 and was instrumental in the formation of Citigroup’s China securities joint venture.

Gulf News
Retail Gold Rate
Business Editor's choice
Quick Access

  1. Markets

  2. Economy

  3. Property

  4. Aviation

Business Top Stories

  1. iPhone 6 snag leaves supply chain scrambling

  2. Yen, Swiss franc rise versus euro on Ukraine

  3. Ford recalling more than 160,000 vehicles

  4. After breakups, newspapers seek path forward

  5. Global cruise lines set sail for China