Robert Morse

Mr. Morse is Managing Director, Chairman and Co-Chief Executive Officer of Primus | PMN Capital Ltd. Mr. Morse previously served as CEO of Citigroup's Asia Institutional Clients Group from 2004-2008, and was one of Citi's most senior executives globally. Citi's Asian institutional businesses included corporate banking, investment banking, markets and transaction services in 17 countries employing over 14,000 employees. From 2004 through 2007, Citi's institutional revenue in Asia increased from US$3.4 billion to US$6.5 billion, and net income from US$1.3 billion to US$2.6 billion. During Mr. Morse's tenure, Citi was awarded the 'Best Bank in Asia' award annually by FinanceAsia, EuroMoney and The Asset magazines and various client surveys.

In addition to achieving strong organic growth, under Mr. Morse's leadership Citi completed and integrated several regional acquisitions, including: Koram Bank in Korea, a 20% interest and management responsibility in Guangdong Development Bank, Bank of Overseas Chinese in Taiwan and a 12% interest in HDFC in India. He was also instrumental in driving bancassurance relationships between Citi and major international insurance companies.

Mr. Morse provided direct management oversight of Citi's US$5 billion of proprietary capital, which earned an annual return of approximately 30%, after firm-imposed capital charges. Investments were made across multiple asset classes, including equities (public and private), corporate acquisitions, and real estate.

Prior to his position as CEO of Citi's Asia Institutional Client's Group, Mr. Morse served as the Head of Global Investment Banking for Citi, based in New York. Earlier, he held a variety of increasingly senior positions since he joined Salomon Brothers in 1985.

Additionally, Mr. Morse was a co-founder of SSB Capital Partners, a 2000 vintage US$400 million private equity fund which to-date has returned 2.6X, at a CAR of 38%.

Mr. Morse is a 1977 graduate of Yale College, Phi Beta Kappa and magna cum laude, and a 1981 graduate of the Harvard Graduate School of Business Administration and the Harvard Law School. Mr. Morse also serves on a variety of charitable organization boards, including the Yale President's Council on International Activities, The Nature Conservancy Asian Council, the Boys and Girls' Harbor, the Asia Society and the Asian Cultural Council.