(8 August 2025 – China) Citi has named Luen-Yuan “Lenny” Chu as its China Global Network Banking (GNB) head, effective 11 August 2025.
GNB focuses on multinational corporations (MNCs), with Chu overseeing corporate banking for international companies operating in China.
According to a statement from the bank, Citi currently serves around 70 percent of the Fortune Global 500 with operations in the country.
“China is one of our key GNB franchises and Lenny will be responsible for delivering business growth in collaboration with internal partners and stakeholders. His competitive knowledge of and his experience in the China MNC business will be key to unlocking further potential of our China GNB franchise,” said Chris Wen, Citi China’s corporate banking head.
Based in Shanghai, Chu brings more than two decades of experience in banking multinationals, joining from HSBC China where he was head of regional client coverage, multinationals, global banking.