Amit Raja takes new role at Citi

Dan Barnes

Citigroup has confirmed that Amit Raja has been appointed regional head of markets for EMEA at the investment bank.

The announcement follows Leo Arduini’s appointment as chief operating officer of global markets in April.

An internal memo seen by The DESK, and written by Andrew Morton, global head of markets and David Livingstone, CEO EMEA said: “Amit will build upon Leo’s work in driving the success of our Markets franchise in EMEA, with a strategic approach encompassing our geographic footprint, comprehensive product offering within Markets, and connecting our Markets franchise with our broader ICG and Global Wealth platforms. Amit will develop and implement product delivery strategy, supported by our strong risk-management discipline and thriving culture.

Amit has been head of credit markets trading in EMEA since 2017 and is also senior manager for global spread products trading. He has been responsible for delivering a leading franchise and revenues while leading our efforts to transform the risk and controls structure and implement new governance frameworks to manage the business.

Amit joined Citi in 1997 in the Capital Markets business and subsequently moved to public side credit trading in 2009. He has held several leadership positions in leveraged finance including head trader for Europe par loans and head of European leveraged trading and head of global distressed.

Amit will join the EMEA Operating Committee and become senior manager for markets for Citi’s UK legal entities, pending regulatory approval. In the interim, Leo remains senior manager for markets.”

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