Citi's global head of AI joined in September and has just gone again
Where is Shobhit Varshney? Not, it seems, at Citi. Which is curious, given that it wasn't long ago that he arrived.
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Varshney was Citi's global head of AI. He arrived seven months ago from IBM and was lauded by Citi COO Anand Selva as an "incredible addition to the team" by virtue of his leadership, vision and "deep experience driving major AI transformations at large organizations."
Now Varshney is understood to have taken all those things on his way.
He didn't respond to a request to comment for this article. A spokesperson for Citi said: "Shobhit Varshney has decided to leave Citi for personal reasons. We thank him for his contributions and wish him well. Our talented team remains focused on driving the development and implementation of AI tools and solutions that drive business growth, improve client and colleague experience, reduce risk and improve operational efficiency."
Varshney spent 13 years at IBM and so is not in the habit of flitting around.
His disappearance comes as Citi prepares for an investor day in May when it's promised to talk at length about its plans for permeating AI throughout the organisation. New Citi CFO Gonzalo Luchetti said earlier this month that the bank is likely to end 2026 with fewer people than it began, as structural efficiencies relating to the technology start to bite.
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