Citigroup Inc has hired the former chief operating officer of the World Bank’s International Finance Corporation (IFC) to help boost its work with development finance institutions, according to Reuters report. Stephanie von Friedeburg had spent almost three decades within the World Bank Group, before retiring at the end of September, according to her Twitter profile.…
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…
Citigroup Inc. is planning to hire 2500 IT professionals this year to augment up its team of traders and investment bankers, coders and data scientists in an attempt to technologically reshape the business. As per a Bloomberg report, the new roles will be for locations across the globe like London, New York, Shanghai, Toronto, Dublin,…
Airtel Africa, Bharti Airtel’s African business unit has appointed eight global banks to work on an intended initial public offering (IPO). The banks appointed are J.P. Morgan, Citigroup, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International, and Standard Bank Group, it said in an exchange filing. Earlier this month, Airtel…
Vikram Pandit has quit as Chief Executive of Citigroup Inc. His move is being seen to be coming post a stretched period of tension with Chairman Michael O’Neill over various issues including compensation and the role of Chief Operating Officer John Havens. Michael Corbat has been named as CEO. Presently Corbat is the CEO of…