In Asia, Citi is (a lot) bigger than other US banks. In the first quarter of 2020, it generated $4.4bn in revenue from the region (about 21% of its global total), while Goldman Sachs only mustered $1.4bn.
If you’re looking for a job at the firm, the sheer size of Citi in Singapore – where its headcount tops those of all other foreign banks – means you’ll want to do plenty of research into who might be (video) interviewing you. To help get you started, we’ve compiled a non-exhaustive list of some of the people you need to know at Citi in Singapore, across different departments.
Amol Gupte, ASEAN head and Singapore CEO
Gupte has been at the helm of Citi in Singapore since 2016 when he took over from the retiring Michael Zink, and Rajesh Mehta assumed his former role as regional treasury and trade solutions head. Like many senior leaders at Citi in Asia, Gupte has had a long and global career with the firm. He’s been with Citi for 32 years and has also worked in New York, London and Hong Kong.
Julia Raiskin, head of equities and securities services, Asia
Raiskin took on her current role last August having been Asian head of investor sales and relationship management for more than four years. Before that, she was G10 rates sales head for APAC and Japan at Citi, having joined the firm in 2007 as head of APAC retail structured products distribution. As we’ve previously reported, Raiskin is also a leading advocate for women in banking.
Keng Huat Koay, head of financial institutions, Singapore
Koay joined Citi back in October 2011 and is one of Singapore’s leading financial institutions bankers. He spent some of his early career as a proprietary trader in Hong Kong and then worked at Boston Consulting Group from 2005 to 2007. Koay then transitioned into financial institutions group (FIG) banking, spending two years each at BNP Paribas and Bank of America Merrill Lynch, latterly as a director.
Vikram Subrahmanyam, Asia Pacific CIO and operations and technology head
Subrahmanya is a Citi lifer who joined the bank in 1991 in India. He rose steadily up the ranks and made managing director in 2005, responsible for operations and technology, markets and banking, for the Indian Subcontinent. Subrahmanya, who has held several senior jobs in Tokyo, Jakarta and Mumbai, has been leading Citi’s operations and technology functions across Asia Pacific since 2016, and he also took on the CIO position in March last year.
Stuart Staley, head of markets and securities services, APAC
Staley has a background in the commodities sector, having worked for Enron and American Electric Power earlier in his career. He joined Citi (and the banking sector) in Houston, Texas in 2004 as head of commodities for the Americas, before being promoted to run the unit globally from London in 2010. Staley moved to Singapore to take on his current role in April 2018.
Carine Goh, head of private banking compliance, South Asia
One of the most senior members of Citi’s vast compliance team in Asia, Goh is a veteran who’s also held top compliance roles at other global banks. She was Nomura’s deputy head of compliance for asset management between 2001 and 2004, before moving to Merrill Lynch as head of Singapore compliance for global markets and investment banking. Goh became head of APAC global treasury services compliance for BAML in 2011 and joined Citi in 2013.
Munir Nanji, head of global subsidiaries group, Asia Pacific
Nanji took on his current job in 2017, having previously been Asia sales head for treasury and trade solutions at Citi. The global subsidiaries group, which serves the local units of Citi’s multinational clients in Asia, has been hiring more bankers, Nanji told us in an interview. He added that he’s not interested in recruiting candidates who are purely salespeople. “If you’re just meeting a client to sell them a particular product because it’s the flavour of the month, the discussion could end pretty quickly.”
Gonzalo Luchetti, consumer bank head, Asia and EMEA
Luchetti joined Citi in 2006 in a senior strategy role focused on the private bank in Latin America. In 2009 he became the New York-based business head for the firm’s international personal bank and three years later was promoted to global head of wealth management and insurance. He started his Singapore job in October 2018 and has “operating management responsibility for 18 consumer banking businesses across 17 markets”, according to his LinkedIn profile.
Himanshu Shrivastava, head of digital technology
Shrivastava has been in his role – which covers internet, mobile, API, integration and CRM, and global consumer technology – since July 2016 and was promoted to managing director about 18 months later. He joined Citi in India in 2003 and became architecture and infrastructure head of its global solution centre in 2007. Shrivastava relocated to Singapore two years later.
Have a confidential story, tip, or comment you’d like to share? Email: email@example.com or Telegram: @simonmortlock