Growth in the global economy over the next decade is definitely going to be in Asia-Pacific, so it is not surprising that Citi are moving one of their European stars, Rajesh Mehta, to be Regional Head of Treasury and Trade Solutions (TTS) for the Asia Pacific region which is becoming an increasingly competitive market.  In this role, Mehta will oversee Citi’s TTS business which provides integrated cash management and trade finance services to multinational corporations, financial institutions and public sector organizations in Asia and across the globe in the over 100 countries Citi operates in.

Citi reporting lines

Mehta will report to Asia Pacific CEO Francisco Aristeguieta and Global TTS Head Naveed Sultan, and will relocate from London to Hong Kong in September. He succeeds Amol Gupte, who has been appointed Head of ASEAN and Citi Country Officer for Singapore.

Asia Pacific CEO Francisco Aristeguieta said, “Rajesh brings to the role a wealth of experience across Citi’s businesses around the world and an understanding of the power of our network to meet our clients’ evolving needs in a fast-changing operating environment. His strong track record in building businesses and developing talent in complex geographies and environments will be instrumental to the continued growth of our TTS business in Asia.”

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CTMfile take: Europe will miss Rajesh’s clarity and insights into what is really happening in cash and treasury management.