Citigroup has roped in Varun Matta, a banker from CIMB Group, for a newly created role covering technology, media and telecoms investment banking in Southeast Asia, according to Reuters report.
“Asean is home to some of the fastest growing TMT companies globally and we are further intensifying our focus on this sector with this key hire to support our client-led growth across South East Asia,” Jan Metzger, Citi’s head of Asia Pacific banking, capital markets and advisory, said.
Singapore-based Matta, who will join Citi as a managing director in October, will report to Jim Perry and Ho-Yin Lee, co-heads of TMT for Asia Pacific, and David Biller, head of Southeast Asia banking, capital markets and advisory business.
Matta headed the M&A and financial sponsors business at CIMB, where he worked for three years, and previously had a six-year stint at Credit Suisse, among other roles.
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