By Tatiana Bautzer NEW YORK (Reuters) -Citigroup hired two senior investment bankers this week, extending a recruitment drive by its head of banking, Viswas Raghavan. Aashish Dhakad will start in October in New York as head of private credit origination for North America as part of Citi’s $25 billion push into private credit with Apollo […]
Business
Citi hires bankers for private credit in North America, tech in Europe
Audio By Carbonatix
By Tatiana Bautzer
NEW YORK (Reuters) -Citigroup hired two senior investment bankers this week, extending a recruitment drive by its head of banking, Viswas Raghavan.
Aashish Dhakad will start in October in New York as head of private credit origination for North America as part of Citi’s $25 billion push into private credit with Apollo Global Management.
Dhakad, who previously worked at Ares Management and Bank of America, will report to John McAuley for private credit origination and Scott Sartorius and Ryan Williams, Citi’s co-heads of leveraged finance on the continent.
Separately, Amit Nayyar was appointed the co-head of tech investment banking in the UK, Europe, Middle East and Africa alongside Yishai Fransis, according to a memo seen by Reuters. He will start in the fourth quarter.
Nayyar most recently served as JPMorgan Chase’s head of EMEA fintech and payments coverage investment banking. He previously worked at Indian payments company Paytm and Goldman Sachs.
(Reporting by Tatiana Bautzer, Editing by Lananh Nguyen and Diane Craft)