Citigroup Inc. has named Gonzalo Luchetti as its new head of retail banking for the Asia Pacific region. In the new role, Luchetti will be based in Hong Kong. He will also continue as Citi's global head of wealth management and insurance for the consumer bank.

Luchetti replaces Roy Gori, who left Citi on December 1 to become president and chief executive at insurer, Manulife Asia.