Mr Raciti will commence in the role in December 2017, subject to regulatory approval, and will be based in Seoul.
Mr Raciti is currently Head of Loan Syndications and Specialised Finance for ANZ in North Asia, managing leveraged acquisition finance, specialised asset finance, project export finance and advisory across Hong Kong, China, Taiwan, Japan and Korea.
Having joined the bank’s Corporate and Institutional Banking division as a graduate in Australia in 2002, Mr Raciti relocated to Seoul in 2005 to focus on capitalising business opportunities for multinationals and globally-oriented Korean corporates.
Since then he has held roles in loan origination and syndication in both Singapore and Hong Kong.
Farhan Faruqui, Group Executive, International, said: “Korea is an important market in our regional network to support our Institutional customers.
With his extensive experience at ANZ and throughout the region, I am confident Chris’s strong customer network and product expertise will help further strengthen our well-established business in Korea.”