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Citigroup hires new head of Vietnam investment banking

Thu Apr 10, 2008 11:27pm EDT

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HONG KONG, April 11 (Reuters) - Citigroup (C.N) has appointed Son Nam Nguyen as head of Vietnam investment banking, according to an internal memo, as the bank expands its reach into the Asia Pacific market.

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Nguyen was a managing director in Citi's Asia-Pacific Technology Investment Banking group in Hong Kong.

"There are immense opportunities for Citi in Vietnam to provide investment banking services to our clients," Mark Renton, co-head of Asia Pacific investment banking, said in the memo, released late on Thursday.

(Reporting by Michael Flaherty; Editing by Anne Marie Roantree)

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