Citi Head of APAC Trade Moves On
(25 October 2022 – Singapore) Citi has announced Kanika Thakur will replace Ernesto Pittaluga as its new Head of Corporate, Commercial and Public Sector sales for treasury and trade solutions (TTS) in Asia Pacific (APAC), effective immediately.
Pittaluga moves to become Global Head for Citi TTS Commercial Bank Sales. Thakur will report to Steve Elms, TTS Head of Corporate, Commercial Sales, and Rajesh Mehta, MD and Trade Solutions Head, APAC.
Thakur has been at Citi for over two decades in multiple senior positions, most recently as Head of Trade for APAC. She also served as Head of Asia Trade Finance from 2017 to 2020, Director of Asia Trade Risk Distribution from 2014 to 2017 and Structured Trade Transactor in Singapore from 2012 to 2014. In her new role, Thakur will lead Citi’s TTS client growth strategy in Asia and internationally for Asian corporates, focusing on new client acquisition and revenue generation.
This is the latest senior management move for Citi, which earlier this year appointed Esther Chibesa and Marek Potoma as Heads of TTS for its Europe, MENA and emerging markets divisions. The appointments followed a rearrangement of Citi’s senior leadership at the end of 2021, with Chris Cox named as the group’s new Global Head of Trade and Working Capital Solutions.
“I am excited to take on this new role and look forward to working with our teams across TTS to grow the business in Asia Pacific by helping clients who are global or going global with their complex multi-geography needs” Thakur commented on her appointment.
“Kanika’s deep knowledge of the trade business and strong track record in innovation, building teams and relationships makes her an ideal candidate to lead the business. We look forward to leveraging her extensive experience and proven performance to lead the Asia sales organisation to the next level” Elms stated.
Subscribe