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Citi Establishes Two New Wealth Advisory Facilities in Singapore

Citi Establishes Two New Wealth Advisory Centers in Singapore



by

February 27, 2024

Citibank Singapore has expanded its footprint within the nation with the opening of two new wealth advisory facilities, marking the financial institution’s enhanced dedication to the island-state as an important hub for its wealth administration operations.

The inauguration of the middle at One Holland Village by Andy Sieg, Citi’s International Head of Wealth, follows the sooner opening of the Parkway Parade middle, which started operations on 18 December 2023.

These openings are a part of Citibank’s announcement from October 2023 to determine extra accessible wealth administration providers for its Citigold and Citigold Non-public Consumer prospects.

Positioned within the One Holland Village built-in growth, the brand new middle spans 3,700 sq. toes, providing extra space than its predecessor. The Parkway Parade middle, which has a sea view, occupies a 4,600 sq. foot space on the twenty second flooring, indicating a substantial growth of Citibank’s native presence.

Each places are outfitted with non-public advisory rooms that includes video conferencing know-how, permitting shoppers to seek the advice of with their relationship managers and product specialists remotely.

Moreover, these facilities supply areas for internet hosting way of life occasions and funding seminars, accommodating 35-40 shoppers.

Shyam Sambamurthy

Shyam Sambamurthy

Shyam Sambamurthy, Citi’s Asia South Wealth Head mentioned,

“Singapore continues to be a key and strategic location for Citi’s wealth enterprise, as considered one of our 4 international wealth hubs.

 

We stay upbeat in regards to the trade’s future on this nation, therefore we proceed to speculate by establishing these two new wealth centres.”

Brendan Carney

Brendan Carney

Brendan Carney, Chief Govt Officer of Citibank Singapore added,

“These newest customer-centric enhancements are all about elevating our shopper expertise and enabling us to maintain delivering first-in-class wealth administration providers.

 

We firmly consider that we will proceed to offer wonderful worth proposition to our shoppers right here, and nearer to the place they reside.”

 

Featured picture credit score: Edited from Freepik


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