Retail Banks

Citi appoints Sustainability & ESG Banking Head for Asia Pacific

Citi has appointed Rapheal Mun to the new position of Head of Sustainability & Corporate Transitions (SCT) for Citi’s Banking, Capital Markets and Advisory (BCMA) group in Asia Pacific.

Rapheal will lead BCMA’s sustainability and ESG strategy and client engagement in the region. She will work closely with sector, country and product teams to drive strategic sustainability dialogue with our clients, and maximise the business opportunities generated by the global shift towards more sustainable business practices and the transition to net-zero.

Rapheal will relocate to Singapore from London.

Citi’s SCT team was formed in May 2020 and is co-headed by New York based Bridget Fawcett and London based Keith Tuffley. Rapheal will report to Jan Metzger, Head of APAC BCMA with matrix reporting lines to Keith Tuffley and Amol Gupte, Citi Country Officer Singapore.

 

“Finance has a critical role to play in supporting other companies in developing more sustainable business models. As a firm we see this not just an opportunity to lead, it’s also an opportunity to work with our clients to achieve their sustainability goals, decarbonize their businesses, and to be the world’s leading bank in driving the transition to a net-zero emissions economy. Asia Pacific is core to this mission and Raphael will be a great partner for our clients in the region,” said Keith Tuffley. 

 

“This new position in the region underlines the role Asia Pacific has to play in Citi’s sustainability strategy and delivering best-in-class solutions to our clients across the region. Many are actively seeking solutions by investing in new technologies and innovations, pursuing M&A activity, and raising green capital to fund their sustainability ambitions. I am delighted to welcome Raphael to the region and I am confident she will lead the team to build further on the progress we are already making,” said Jan Metzger.

Year to date Citi has raised over US$30bn in sustainable financing for Asian clients, a record year already for the bank.

Rapheal is currently a senior banker in EMEA Project & Infrastructure Finance where she has originated and executed numerous innovative and market-leading financings, with a focus on renewables and energy transition. She has over 19 years’ experience across structured finance, infrastructure, power, energy and real estate.