The Carlyle Group has appointed Sunil Kaul to join Carlyle Asia Partners as a senior director, financial services. Based in Singapore, he will focus on expanding the firm’s operations in the financial services sector across the region.
Kaul joins Carlyle from Citi, where he was president of Citibank Japan and a member of the Citi global management committee. Prior to this, he was based in Singapore as Asia Pacific regional head of Citi’s retail banking and CitiBusiness.
“We are pleased to have one of the most senior and well-respected leaders in the financial services industry in Asia join our team,” says XD Yang, managing director, co-head, Carlyle Asia Partners. “This addition underscores our strategy of hiring seasoned operational executives as an integral part of the team to provide deep expertise in key sectors and add value to our portfolio companies.”