Citi Private Bank names EFG’s Salem as Asia CEO
Bassam Salem is hired to replace Aamir Rahim, who becomes regional head of the public sector group to provide investments to government bodies and sovereign wealth funds.
US bank Citi has surprised the market by hiring former staffer Bassam Salem from privately held Swiss firm EFG as its new Asia-Pacific private bank CEO.
Aamir Rahim
Salem is due to start on October 1 in Hong Kong. He will replace Aamir Rahim, who has been appointed head of Citi’s public sector group for Asia-Pacific, which provides investments to government bodies and sovereign wealth funds.
Rahim’s new role will be effective from September 1. A Citi spokesman confirms t…
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