Citi expands FX team in Japan, Asia North, Australia and Asia South with seven new hires

Citi has made seven additions to its FX team in Japan, Asia North and Australia (JANA) and Asia South, in a bid to bolster its offering in these regions.  

The hires span the firm’s corporate, institutional and trading teams for its FX business across JANA, and among the appointments is Manoj Goel, who joins as head of corporate FX sales for the India sub-continent.  

In his new role, Goel will report to Vandana Bhatter, head of corporate FX Sales for JANA and Asia South and Aditya Bagree, head of markets for India, and joins from HSBC where he had been for 20 years, most recently as head of global markets corporate sales.  

Also joining the corporate FX sales team is Cassalynne Lou, who joins Citi after a stint at Barclays, and will be based out of Singapore to focus on growing the CCB North Asia-Singapore corridor FX business, as well as increasing the FX solutions advisory agenda.  

Alongside the new hires, Yusuke Aita has also joined the institutional FX sales team as a director in Tokyo. He will report to Anand Goyal, head of institutional FX sales for JANA and Asia South, and brings 17 years of industry experience to his new role, most recently serving at BNP Paribas. 

Similarly, Renee Gao also joins the team from HSBC as a director in Hong Kong, reporting to Chen Ni, head of FX institutional sales, Asia North and Australia, while Matthew Lim joins in Singapore as a vice president, reporting to Timothy Young , head of FX real money and bank sales, Asia South.  

Gao joins Citi from HSBC where she focused on emerging markets fixed income and FX products for institutional clients, while Lim most recently served at UBS, where he specialised in banks and private banks across FX and rates coverage.  

Elsewhere, within Citi’s FX trading team in the region, Nicky Lam has joined the firm’s G10 FX options trading team as a director from Nomura International Singapore, where he headed up the APAC G10 options business.  

Additionally, Jonathan Chua joins the FX trading desk as a Singapore SGD trader and STIR, bringing a decade of experience working at firms including Wells Fargo, Natwest Markets and Maybank.  

Both hires will be based out of Singapore in their new roles, and Lam will report to Akshay Saxena, head of FX options, while Chua will report to director and senior EM FX trader, Dany Checrallah. 

Speaking on the appointments, Nathan Swami, head of FX trading in JANA and Asia South, said: “We are delighted to announce the expansion of our FX team with these hires across the FX sales and trading business.  

“These appointments underscore our steadfast commitment to strengthening and maintaining our leadership position in these markets. They also reaffirm our deep dedication to our valued corporate and institutional clients, as well as our continued investment in the growth our business.” 

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