Citi poaches Morgan Stanley financial institutions head McLane: memo
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Citi poaches Morgan Stanley financial institutions head McLane: memo

www.reuters.com   | 20.07.2012.

(Reuters) - Citigroup has named Will McLane as head of corporate and investment banking for the ASEAN region and head of the financial institutions group in the Asia-Pacific region, according to an internal memo obtained by Reuters.
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McLane joins Citi from rival Morgan Stanley (MS.N), where he worked for 15 years, most recently as head of the financial institutions group for the Asia-Pacific region.

During that time, McLane worked on some of the region's most high-profile deals in the financial sector.

He was involved in the $22 billion IPO of Agricultural Bank of China (601288.SS) in 2010, in Singapore DBS's DBSM.I $2.8 billion rights issue, and in the $5.2 billion merger between OUB and UOB.

McLane, who will relocate to Singapore from Hong Kong when he joins Citigroup, also worked on Thanachart Capital's $2.0 billion acquisition of Siam City Bank.

(Reporting by Lawrence White; Editing by Ryan Woo)



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