Bird’s promotion recognises strengths of Citi Asia

The most senior banker at Citi Asia Pacific, Stephen Bird, is to leave the region to take up a position in New York as CEO of the firm’s global consumer bank.

I firmly believe we are just starting out on what will be Asia’s century Stephen Bird, Citi

Seventeen-year Citi veteran Bird will take up his new position on June 1, replacing the retiring Manuel Medina-Mora. Current Latin America CEO, Francisco Aristeguieta is replacing Bird.

Bird’s move is widely viewed as recognition among Citi top brass of Asia’s growing importance and the need to have people with a strong understanding of the region at the highest levels of the bank.