Citi has appointed Angus Yang as head of prime finance for Asia Pacific.
Yang will be based in Hong Kong, and will be responsible for prime services, equity finance and agency securities lending across the Asia Pacific region, including Japan and Australia.
He joins from Barclays in Asia, where he was head of prime finance, and has more than 20 years’ experience in prime and securities financing markets.
In his new role, Yang will report jointly to David Russell, managing director of Citigroup and Asia region head for securities services, and to Adam Herrmann, managing director and global head of prime finance.
In an internal memo, Russell and Herrmann said: “Angus joins Citi at a time of growth and focus on the Prime Finance business. We look forward to his helping to further expand our Asian capabilities in Prime and bringing the full power of our global offering to Hedge Fund clients.”
