4^th September 2024

• Overnight, Citi announced that Achintya Mangla joins Citi as Head of Financing for Investment Banking, effective September 4.

• In this newly created role, which will report to Head of Banking Vis Raghavan, Achintya will assume responsibility for Global Debt Capital Markets (DCM), Equity Capital Markets (ECM), Syndicate and Private Capital Markets to ensure the seamless delivery of capital markets advisory and financing strategies for our public and private clients.

• The current Head of Global DCM Rich Zogheb and Co-Heads of Global ECM, Douglas Adams and James Fleming, will continue in their respective roles and report to Achintya. Together, they will coordinate across the three pillars of our Banking franchise to ensure we are providing strategic financial advisory services and seamless execution to clients looking to access the capital markets.

• Achintya will also partner closely with other parts of Citi, including Markets, Wealth and Risk to help drive our firm-wide Private Credit strategy and to generate cross-asset class incremental alpha opportunities that leverage the full power of Citi’s platform.

• Welcoming Achintya to this important role reinforces our ongoing ability to attract and retain top industry talent in positions of leadership across the firm.

• Achintya brings deep global experience and joins after more than 22 years at J.P. Morgan where he most recently served as Head of Global ECM. Throughout his two decades with J.P. Morgan, Achintya held roles of increasing responsibility across multiple asset classes and has worked in Asia, EMEA and the U.S.

• Commenting on the appointment, Vis said: “He is a proven leader with a track record of building and leading high-performing teams that deliver innovative, globally minded solutions to clients.”