Citibank Loses Experienced Treasury Head As David Leong Resigns In Singapore

BANKS

Citibank has lost the most experienced foreign exchange expert from its Singapore operation with the sudden resignation of David Leong, division head for South Asia for Citicorp Investment Bank, Citibank sources say. Leong's seniority was such that Citibank's forex operations in Malaysia, Thailand, India and Brunei all reported to him.

The bank has yet to name a replacement for Leong whose departure is as yet officially unexplained, although sources say Leong is considering starting his own

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