Citi has announced the appointment of Jaewon Hwang as head of Citi Commercial Bank (CCB) for Korea, who will be responsible for driving the growth of the CCB business in this market and have oversight of business operations and financial performance, including fostering key client and regulatory relationships.
Hwang will report to MS Yoo, chief country officer, Citi Korea and Gunjan Kalra, head of Citi Commercial Bank for Japan, Asia North, Australia & Asia South clusters.
Hwang brings over 23 years of corporate banking experience to this role. As a parent account manager for a major corporation in Korea and as head of the Top-Tier Local Corporates (TTLC) Division, he has been instrumental in driving the overall growth of Citi’s Corporate Banking business through effective credit exposure and capital management, as well as the diversification of products and services. He joined Citi Korea in 2001 as a management associate and has since held various roles, including Business Development officer at Middle Markets Group in Los Angeles and Head of the Korea Desk for North America and Latin America in New York.