Citigroup's Harish Raman given expanded Asian ECM role
Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Citigroup has appointed Harish Raman to lead its Asian ECM operations, succeeding Udhay Furtado. Raman will continue as head of ECM syndicate for Asia.
SYDNEY (Reuters) - Citigroup has appointed Harish Raman as the head of its equity capital markets (ECM) execution, origination and solutions business for Asia North, Asia South and Australia, according to a memo seen by Reuters on Monday.
Raman will also retain his current title as the head of equity capital markets syndicate for Asia, the memo said.
He replaces Udhay Furtado who is leaving Citigroup after six years with the bank in Hong Kong to relocate to Singapore with his family.
Raman has been with Citigroup since 2011, the memo said, and previously was the head of Asia equity-linked origination at UBS.
Kenneth Chow remains Citigroup's head of Asia North, Australia and Asia South for ECM origination and products.
A Citigroup spokesperson confirmed the contents of the memo.
(Reporting by Selena Li in Hong Kong and Scott Murdoch in Sydney; Editing by Savio D'Souza)
The article discusses Harish Raman's new role as head of Asian ECM at Citigroup.
Harish Raman is the new head of Asian ECM at Citigroup, previously leading ECM syndicate for Asia.
Udhay Furtado is leaving Citigroup, prompting Harish Raman's appointment.
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