Citi has appointed Rapheal Mun to the new position of head of sustainability & corporate transitions (SCT) for its banking, capital markets and advisory (BCMA) group in Asia Pacific on Sept 17.
Mun, who will relocate to Singapore from London, will lead BCMA’s sustainability and ESG strategy and client engagement in the region, in her new role.
See also: Citi appoints current chairman, Lee Lung Nien, to head its South Asia private banking business
She will report to Jan Metzger, Head of APAC BCMA with matrix reporting lines to Keith Tuffley, co-head of Citi’s SCT team and Amol Gupte, Citi country officer Singapore.
Mun comes with over 19 years of experience across structured finance, infrastructure, power, energy and real estate. She is currently a senior banker in EMEA Project & Infrastructure Finance.
“Finance has a critical role to play in supporting other companies in developing more sustainable business models. As a firm we see this not just an opportunity to lead, it’s also an opportunity to work with our clients to achieve their sustainability goals, decarbonize their businesses, and to be the world’s leading bank in driving the transition to a net-zero emissions economy. Asia Pacific is core to this mission and Raphael will be a great partner for our clients in the region,” says Tuffley.
“This new position in the region underlines the role Asia Pacific has to play in Citi’s sustainability strategy and delivering best-in-class solutions to our clients across the region. Many are actively seeking solutions by investing in new technologies and innovations, pursuing M&A activity, and raising green capital to fund their sustainability ambitions. 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,” adds Metzger.
Year-to-date, Citi has raised a record US$30 billion ($40.3 billion) in sustainable financing for its clients in Asia.
Photo: Bloomberg