Citi appoints Paul Hodes to wealth management role

Citi has appointed its Malaysian retail bank head Paul Hodes Asia-Pacific head of wealth management products for its regional consumer bank. The move is part of a drive by the US bank to boost sales of investment products to wealthy Asians. Hodes will also take on a dual role as Asia-Pacific head of traditional managed investment products for its wealth management business. This job will see him lead the sale of traditional managed investment products, such as bonds and equities, to h…