Citi has announced two senior management appointments in Asia Pacific.

Mark Renton has been appointed global co-head of public sector group, and Farhan Faruqui has been appointed head of global banking, Asia Pacific.

Renton will continue to be based in Hong Kong and will remain a member of Citi's executive committee in Asia Pacific. He will report to Alberto Verme and Raymond McGuire, co-heads of global banking. He has been at Citi for over 20-years, was formerly head of investment banking in Asia Pacific. Prior to this role, he was based in New York and headed Citi's Energy Group in North America, overseeing new business development and client coverage in the energy sector.

Faruqui will report to Ajay Banga, chief executive, Citi Asia Pacific and also to Alberto Verme and Raymond McGuire. He has been at Citi for 18 years and has held senior country management and regional product roles in Europe, Africa and Asia Pacific. He was formerly head of Asia Pacific corporate & commercial bank. Prior to this role he headed Citi's market-leading fixed income capital markets business in Asia Pacific.

Banga said: "Farhan is highly respected in the industry with excellent client relationships across the region. Under his leadership, our priority is to ensure we are as effective and responsive as possible to our clients, who now more than ever, are looking to us for the right advice and service in these turbulent markets."