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    Home > Finance > Citi hires bankers for private credit in North America, tech in Europe
    Finance

    Citi hires bankers for private credit in North America, tech in Europe

    Published by Global Banking and Finance Review

    Posted on August 14, 2025

    1 min read

    Last updated: January 22, 2026

    Citi hires bankers for private credit in North America, tech in Europe - Finance news and analysis from Global Banking & Finance Review
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    Tags:AppointmentInvestment BankingtechnologyRecruitment

    Quick Summary

    Citi hires senior bankers to expand private credit in North America and tech banking in Europe, aligning with its global strategy.

    Table of Contents

    • Citi's Strategic Hiring in Banking
    • Private Credit Expansion in North America
    • Tech Banking Leadership in Europe

    Citi Expands Private Credit and Tech Banking Teams in North America and Europe

    Citi's Strategic Hiring in Banking

    By Tatiana Bautzer

    Private Credit Expansion in North America

    NEW YORK (Reuters) -Citigroup hired two senior investment bankers this week, extending a recruitment drive by its head of banking, Viswas Raghavan.

    Tech Banking Leadership in Europe

    Aashish Dhakad will start in October in New York as head of private credit origination for North America as part of Citi’s $25 billion push into private credit with Apollo Global Management.

    Dhakad, who previously worked at Ares Management and Bank of America, will report to John McAuley for private credit origination and Scott Sartorius and Ryan Williams, Citi's co-heads of leveraged finance on the continent.

    Separately, Amit Nayyar was appointed the co-head of tech investment banking in the UK, Europe, Middle East and Africa alongside Yishai Fransis, according to a memo seen by Reuters. He will start in the fourth quarter.

    Nayyar most recently served as JPMorgan Chase's head of EMEA fintech and payments coverage investment banking. He previously worked at Indian payments company Paytm and Goldman Sachs.

    (Reporting by Tatiana Bautzer, Editing by Lananh Nguyen and Diane Craft)

    Key Takeaways

    • •Citi hires senior bankers for private credit in North America.
    • •Aashish Dhakad joins as head of private credit origination.
    • •Citi partners with Apollo Global Management for $25 billion push.
    • •Amit Nayyar appointed co-head of tech investment banking in EMEA.
    • •Strategic expansion in tech and private credit sectors.

    Frequently Asked Questions about Citi hires bankers for private credit in North America, tech in Europe

    1What is private credit?

    Private credit refers to non-bank lending to companies or individuals, typically involving direct loans or investments made by private investors or funds.

    2What is investment banking?

    Investment banking is a financial service that helps companies raise capital by underwriting and issuing securities, providing advisory services for mergers and acquisitions.

    3What is technology banking?

    Technology banking focuses on providing financial services to technology companies, including funding, advisory, and investment services tailored to the tech sector.

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