CASH MANAGEMENT | Staff Reporter, Hong Kong

Citi names Morgan McKenney APAC cash management head

She has been with Citi for 13 years.

Citi has appointed Morgan McKenney as Head of Cash Management for the Treasury and Trade Solutions (TTS) business in Asia Pacific. In this role, Morgan is responsible for the management of payments and receivables, commercial cards, channel and enterprise services, as well as the TTS Innovation Lab in Singapore.

According to a release from Citi, McKenney reports regionally to Amol Gupte, the Asia Pacific Head for TTS, and globally to Ebru Pakcan, Global Head of Payments and Receivables, and is based in Hong Kong. McKenney succeeds Tony McLaughlin, who has moved to the TTS business in Europe, Middle East and Africa (EMEA).

McKenney has been with Citi for 13 years in a diverse range of global and regional leadership positions. She was most recently based in London as the Global Business Head for Cross Border Payments, helping corporate, financial institutions and public sector clients make payments globally to empower their business.

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Prior to this role, she was Chief Operating Officer for the TTS business globally and was Chief Operating Officer for Citi Transaction Services for the EMEA region. In addition, Morgan held the role of Chief Financial Officer for Citi Transaction Services globally and was the Chief of Staff for the Chief Operating Officer of Citi, based in New York. She began her career at Citi in the Strategy Group of the Corporate and Investment Banking division.

Commenting on the appointment, Amol Gupte said, “As digitization and FinTech continue to drive new client needs and business models, we see many opportunities to bring our cash management business to new heights. Morgan’s deep understanding of the global payments space and extensive experience from a diverse range of roles across geographies, functions and businesses will be crucial in driving our cash management business forward.”

Ebru Pakcan added, “The global cash management space has become increasingly exciting in recent years with digitization enabling innovation, increased efficiency, standardization and transparency. Morgan’s in-depth knowledge across the global payments space, especially in digitization and new technology, will bring fresh new perspectives for our clients in Asia.”

Before joining Citi, Morgan worked in the New York office of London International Financial Futures and Options Exchange and traded equities and derivatives for Martin “Buzzy” Schwartz, an independent trader based in Boca Raton, Florida. She began her career as a Management Associate at Capital One Financial in Richmond, Virginia. Morgan holds an MBA from Harvard Business School and a Bachelor of Arts in Computer Science from Amherst College.

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