Citi has appointed Rapheal Mun as head of sustainability and corporate transitions (SCT) for its banking, capital markets and advisory (BCMA) group in Asia Pacific (APAC).
Based in Singapore, Mun will be responsible for leading the bank’s BCMA group strategy for sustainability, ESG and client engagement in the region.
In her new role, Mun will also collaborate with product, sector and country teams to accelerate strategic sustainability projects and initiatives to maximise business opportunities.
Led by co-heads Bridget Fawcett and Keith Tuffley, the SCT team at Citi was created in May 2020 as a response to the global migration towards more sustainable business practices and the transition to net-zero.
Mun will report to Tuffley, as well as Jan Metzger, head of APAC BCMA, and Amol Gupte, country officer, Singapore.
Mun previously held the position of senior banker for Europe, the Middle East and Africa at Citi’s project and infrastructure finance segment, where she was responsible for the origination, structuring and execution of debt transactions in the infrastructure, power and energy sectors, specialising in renewables and energy transition.
Before that she was part of the bank’s structured finance and real estate finance team, where she structured and executed bank and bond financings across the entire business securitisation sector.
Commenting on the appointment, Tuffley explains: “Finance has a critical role to play in supporting other companies in developing more sustainable business models. This is not just an opportunity to lead, but also to work with our clients to achieve their sustainability goals, decarbonise their businesses, and to be the world’s leading bank in driving the transition to a net-zero emissions economy. APAC is core to this mission and Raphael will be a great partner for our clients in the region.”
Metzger adds: “This new position in the region underlines the role APAC has to play in Citi’s sustainability strategy and delivering best-in-class solutions to our clients across the region. I am delighted to welcome Raphael to the region and I am confident she will lead the team to build further on the progress we are already making.”
