Citigroup has appointed Udhay Furtado and Ken Chow as the Co-Heads of their Asia Equity Capital Market. Following the need to streamline the operations in the region, Citigroup has turned to the experienced duo and placed them as the new managerial heads of the Equity Capital Market in Asia to oversee the affairs of the bank.
A statement containing the intent of the bank highlighted the institution’s unwavering desire to capture the operations on a global scale and as such, it is trusting her newly appointed heads to do just that and take the financial institution to the level it needs to be.
A Brief Profile
Ken Chow had been working at Citigroup since 2015 and had previously championed as a co-head of the equity Capital Market for the institution. His vast portfolio speaks largely for him. Having worked in the American bank for over 4 years, Ken had gathered a great deal of experience.
Several years earlier, Chow had worked as the Managing Director in one of America’s biggest, the Bank of America Merrill Lynch for about eight and a half years. He had not only proved capable in all his affairs but also showed that he could go the extra mile.
Ken’s counterpart, Furtado, does not slack on his job as well. Having worked for a span of 4 years as the vice president of the firm, he had gone on to push it all back for a couple of years before he rejoined the organization. He worked for a Bank in Netherland as the Director for two years and had gone on from there to do 12 years for Goldman Sachs where he co-headed the Investment Banking in South East Asia.
Now, he has returned to Citigroup to function in one of the most powerful capacities of all and co-head the Equity Capital markets of the bank he had once been the Managing Director of.
It is not surprising that the duo were chosen. Having worked that hard, they have equally proved that they can handle anything thrown at them and give the bank exactly what they need.
Citigroup has stated it clearly that they still have a long way to go. What better way to get there than to have the right hands on board? The financial institution plans to keep up with its own set pace in the Asian equity market and leap straight into the cloud from there.
The group’s Asia Pacific Banking, Capital Markets and Advisory Head, Jan Metzger says that the bank will ride on its great momentum and continue to make loads of noteworthy transactions with the Asian continent across all its banking franchises.
All her capital market businesses now function as a single cell and able hands are more than available to ensure that the institution sees it through to the end.