Insight & Analysis

Press release: Citi appoints Asia IB Clean Energy Head as year to date sustainable underwriting nears US$40bn for bank

Published: Oct 2021

5th October 2021 – Citi has appointed William Pang to the new position of Head of Natural Resources & Clean Energy Transition (NRCET) Investment Banking Asia, effective immediately.

Newspaper press release

NRCET was established globally in March 2021 to support corporate clients with their transition to cleaner energy. In his new role, William will work closely with the global leaders of NRCET and the leaders of the relevant sectors – Chemicals, Energy, Power and Clean Energy Transition.

William is currently head of Power & Infrastructure Investment Banking for Asia. He joined Citi in 2015, and has over 18 years of investment banking and legal experience. He will continue to lead Infrastructure investment banking in Asia.

“The alignment of our Chemicals, Energy, Power, and CET verticals in Asia under William’s leadership is in line with the formation of the NRCET team globally. This initiative will better enable us to address and facilitate our clients’ continued business model transformations through the challenges and opportunities posed by energy transition globally,” said Jan Metzger, Citi Asia Pacific Head of Banking, Capital Markets and Advisory. He will report regionally to Metzger and globally to NRCET co-heads Stephen Trauber and Sandip Sen.

“Clean energy transition is a global super trend that is accelerating rapidly and will last decades. The transition will entail innovation, disruption and massive structural changes to many industries and existing business models. The drive toward low and net zero carbon solutions will facilitate the formation and growth of many new companies and will require significant capital investment. It will also facilitate the formation and growth of many new companies requiring significant capital investment. Given the strength of our existing franchises, we are uniquely positioned to help our clients navigate this transition and are committed to being a leader in this rapidly evolving sector, “added Metzger.

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