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Citibank Singapore CEO Han resigns after 27 years; to join DBS

Han Kwee Juan was CEO for Citibank Singapore from February 2012. Source: Citibank

Citibank Singapore CEO Han Kwee Juan has resigned after 27 years with the bank.

Vikas Kumar, Citibank’s head of cards and personal loans, will be the interim country business manager while it seeks a replacement, according to a statement from the bank Monday (11 February).

The news of Han’s resignation was announced in an internal staff memo on Friday (8 February), a bank employee told Yahoo Finance Singapore.

Han assumed the role of chief executive officer in February 2012. Before that, he was head of retail banking, where he led the overall strategy for the business, including wealth management, as well as the branch and ATM distribution network.

Han started his career with the bank as an intern in 1990 before becoming a management associate in 1991. He has held various senior positions at the bank.

Citibank said Han had served a member in various committees in the banking industry. He previously sat on the board of directors for Citicorp Investment Bank (Singapore) Limited and Citicorp Trustee (Singapore) Limited from 2006 to 2012, and was a board member of the Singapore Clearing House Private Limited from 2006 to 2010.

“During his long career, Kwee Juan held many leadership roles within Citi’s institutional and consumer banking businesses. He played a key role in building the Citi franchise in Singapore,” said Amol Gupte, Head of ASEAN & Citi country officer, Singapore.

Han holds a Bachelor of Computer Science and Information Systems degree from the National University of Singapore and a Masters of Banking and Finance from Nanyang Technological University.

To join DBS in April

In a separate statement, DBS Group announced Han will be joining the bank as group head of strategy and planning in April.

Han will report to CEO Piyush Gupta and will also be a member of the group management committee, according to a statement Monday. He will assume the role previously held by Shee Tse Koon, who moved on to become DBS’ Singapore country head in December 2018.