Published by Global Banking & Finance Review®
Posted on August 14, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleCiti hires senior bankers to expand private credit in North America and tech banking in Europe, aligning with its global strategy.
By Tatiana Bautzer
NEW YORK (Reuters) -Citigroup hired two senior investment bankers this week, extending a recruitment drive by its head of banking, Viswas Raghavan.
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)
Private credit refers to non-bank lending to companies or individuals, typically involving direct loans or investments made by private investors or funds.
Investment banking is a financial service that helps companies raise capital by underwriting and issuing securities, providing advisory services for mergers and acquisitions.
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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