Phillips and Chia to co-head debt syndicate at Citi

Citi confirmed yesterday that it has appointed Duncan Phillips and Terence Chia as co-heads of its debt syndicate desk for Asia ex-Japan. Both will continue to report to Benjamin Ng, head of Asia-Pacific syndicate and acquisition finance.

The move was triggered by former head of Asia debt syndicate Paul Au's resignation in late April. Au is set to start a new job as head of debt syndicate for Asia at UBS this month.