The senior executive who ran the equity derivatives trading operations with the US bank will relocate to Hong Kong from Singapore for the role.

Robert Stewart, Citi’s Asia Pacific head of derivatives trading operations, has taken up a new position as head of equities trading Asia this month, according to an internal memo seen by SRP. Stewart will relocate to Hong Kong from Singapore for the role and report to Fater Belbachir ( right ), global head of equities at Citi, who is based in London. A Citi spokesperson confirmed Stewart’s new role but declined to comment on his replacement. Stewart joined Citi in London in 2011