Insight & Analysis

Press release: Citi appoints new CCO for Vietnam

Published: Jan 2022

5th January 2022 – Citi Vietnam has announced the appointment of Ramachandran A.S. as Citi Country Officer. In this role Ramachandran A.S, known as RamC, will oversee Citi’s operations in the country and will be the main regulatory representative for Citi in Vietnam. He will be responsible for developing and fostering successful client relationships, managing risk and controls and protecting and enhancing Citi’s reputation in Vietnam.

Newspaper press release

A twenty-seven year Citi veteran, RamC was previously Global Emerging Markets Coverage Head for Citi’s Global Subsidiaries Group (GSG) in London where he was responsible for building Citi’s business with the subsidiaries of multinational clients from rapidly globalizing countries around the world. Prior to that, RamC was based in Singapore leading regional relationship coverage of Citi’s largest multinational clients across Asia Pacific. RamC relocated to Ho Chi Minh City in September and received official approval from the State Bank of Vietnam on his new role as CCO in Vietnam in December.

Commenting on the appointment of RamC, Citi’s Singapore based ASEAN Head, Amol Gupte said: “RamC’s corporate banking experience in both emerging and developed markets as well as his deep appreciation of the diversity of globalizing clients will be vital to our ongoing commitment to our clients in Vietnam and in the region. ASEAN, including Vietnam, is a strategic priority for Citi and with the appointment of RamC as Vietnam CCO, we are well positioned for future growth in the country. ”

Established in Vietnam in 1994, Citi now has two branches located in Hanoi and Ho Chi Minh City with the workforce having grown from around 10 to close to 900 now. Citi is Vietnam’s leading international bank supporting clients both in country and across our global network with an increasingly digital value proposition offering best-in-class solutions for clients. Citi offers a wide array of banking and financial services including investment banking, corporate banking, markets and securities services, treasury and trade solutions, commercial banking and consumer banking.

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