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Citi country head, CEO of Hong Kong, Macau resigns

Citigroup Inc.'s country head and CEO for Hong Kong and Macau, Weber Lo, has resigned from the banking group, the South China Morning Post reported March 2, citing an internal company email.

Lo will join a nonfinancial company in the Greater China region, according to an internal email sent to staff by Francisco Aristeguieta, CEO of Citigroup Asia.

The resignation is effective May 1.