Citigroup has appointed Deepak Sharma as chief executive of its global wealth management division for Asia-Pacific and the Middle East. The ...

Citigroup has appointed Deepak Sharma as chief executive of its global wealth management division for Asia-Pacific and the Middle East. The position is a newly created one and will be based in Singapore. With his appointment, Mr. Sharma will oversee the operations of the Smith Barney Private Client group in addition to his current responsibilities as president, Asia-Pacific and Middle East private banking. The combined entity includes more than 1,500 employees. In his new role, Mr Sharma will have oversight of Smith Barney Private Client offices in Australia, Hong Kong, Singapore, and Taipei. He will report to Jerry Eberhardt, Smith Barney western division director. Mr Sharma joined Citigroup in 1976 and has held a variety of senior positions spanning different geographical and functional areas across the company. He has worked with Citigroup in India, Korea, Saudi Arabia, the US and Switzerland prior to coming to Asia to take up his current assignment with the private bank.