James Perry, chief financial officer of Singapore’s Zilingo Pte, has resigned from the online fashion marketplace, according to people familiar with the matter, marking a high-profile departure at the once-flourishing startup that has struggled since the coronavirus outbreak.
Perry will return to Citigroup Inc. as Singapore-based managing director and co-head of technology investment banking for Asia Pacific, the people said, asking not to identified because the information is private.
Zilingo didn’t immediately provide a comment. Perry declined to comment when reached on Monday.
The veteran dealmaker joined Zilingo about a year ago after the startup secured a funding from investors including Temasek Holdings Pte and Sequoia Capital in early 2019. Before that, Perry had served as managing director and head of technology investment banking for Citigroup in Asia