Citigroup announced the appointment of Riswas “Vis” Raghavan as its new banking and executive vice chair, leading Citi’s investment, corporate and commercial banking globally.
Raghavan will help shape and drive the company’s firm-wide strategy and assist with key strategic initiatives as executive vice chair of Citi.
Raghavan will lead one of Citi’s five core businesses.
His decision to join Citi from a strong competitor where he’s had a remarkable career speaks volumes about Citi’s enviable platform and is a recognition of the hard work the global bank has done to ensure that it reaches its full potential, the US bank said.
Before joining Citi, Raghavan was the head of global investment banking at J.P. Morgan in the Europe and Middle East Asia (EMEA) regions, working with the bank’s senior country officers and business heads to deliver for clients across all lines of business.
Prior to becoming the head of global investment banking, he was co-head of global investment and corporate banking, and head of EMEA investment and corporate banking and treasury services.
Raghavan expressed excitement about joining Citi to solidify its strategic vision, highly skilled talents and the value proposition that Citi’s global platform can offer to clients.