Philippe Jaccard has been named managing director and country head for Citi’s transaction banking business in Hong Kong.

His responsibilities include cash clearing, liquidity management, trade finance, securities and fund services, for all Citi’s institutional clients.

Jaccard joined Citi in Singapore in 2000 as director, business development. He moved on to lead Citi’s treasury services business in 2002 before relocating to Hong Kong in 2006, where he led the liquidity and investment products for Asia.

Before Citi, he held a variety of positions for Cargill in North America, Europe, and Asia, including Regional Assistant Treasurer for Asia Pacific.