All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Citi Hires Rohan Sen from Bank of America to Lead Tech Services Banking

Created at 3 Aug · 5:02 PM1 source↑ Market-relevant
IN SHORT

Citi has appointed Rohan Sen, formerly of Bank of America, to lead its technology services banking division. This move is part of Citi's broader strategy to expand its technology investment banking franchise.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Who's Involved

Rohan Sen
New head of technology services banking at Citi, formerly of Bank of America
Citi
Bank hiring Rohan Sen to lead technology services banking
Bank of America
Former employer of Rohan Sen
Pankaj Goel
Global co-head of technology investment banking at Citi
Mark Keene
Global co-head of technology investment banking at Citi
Anand Govind
Managing director in technology investment banking at Citi, formerly CFO of o9 Solutions
Citi Hires Rohan Sen from Bank of America to Lead Tech Services Banking

↳ Why This Matters

Citi's strategic hiring of experienced bankers like Rohan Sen signals its commitment to growing its technology investment banking business and competing more effectively for advisory mandates in a key sector.

Key facts

  • Citi has hired Rohan Sen from Bank of America to lead its technology services banking division.
  • Sen previously served as a managing director in Bank of America's technology investment banking group.
  • The appointment is part of Citi's strategy to expand its global technology banking franchise.
  • In July, Citi hired five managing directors for its U.S. technology investment banking business from rivals.
  • Anand Govind, former CFO of o9 Solutions, also joined Citi's technology investment banking team.

    • Citi has appointed Rohan Sen to lead its technology services banking division, a strategic focus area for the bank. Sen joins from Bank of America, where he spent 11 years as a managing director in its technology investment banking group. He will be based in New York and report to global co-heads Pankaj Goel and Mark Keene.

    This hire is the latest in Citi's ongoing efforts to bolster its technology investment banking ranks. In July, the bank recruited five managing directors from competitors including Bank of America, JPMorgan Chase, and UBS. Earlier this year, Citi also brought on Anand Govind, former CFO of o9 Solutions, as a managing director in technology investment banking.

    The expansion of Citi's technology investment banking capabilities follows the hiring of veteran JPMorgan banker Pankaj Goel as co-head of the division alongside Mark Keene. This initiative is part of a broader push to enhance its investment banking franchise and capture a larger share of advisory work within the technology sector.

    Frequently asked questions

    Rohan Sen is the newly appointed head of technology services banking at Citi. He previously worked at Bank of America for 11 years as a managing director in its technology investment banking group.

    Citi is actively expanding its technology investment banking franchise, focusing on technology services as a highly strategic area globally. This involves hiring experienced professionals from rival firms.

    In July, Citi hired five managing directors from Bank of America, JPMorgan Chase, and UBS. This year, they also hired Anand Govind, former CFO of o9 Solutions.

    Get the newsletter.

    Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

    Cadence

    How It Developed

    Citi hired Rohan Sen from Bank of America to lead technology services banking.
    Sen will be based in New York and report to global co-heads of technology investment banking Pankaj Goel and Mark Keene.
    Citi previously hired five managing directors for its U.S. technology investment banking business in July.
    Anand Govind, former CFO of o9 Solutions, was also hired as a managing director in technology investment banking this year.
    Pankaj Goel was hired as co-head of technology investment banking alongside Mark Keene.

    Sources

    T1
    Exclusive-Citi hires Bank of America's Rohan Sen to lead technology services bankingReuters

    Related Stories

    AstraZeneca investors balk at $400B Bristol Myers merger talks
    2 Aug · 7:56 PM
    NatWest, JPM, CME, and more announce executive changes
    3 Aug · 3:41 AM
    Visa to buy fraud intelligence provider BioCatch for $2.4 billion
    3 Aug · 12:52 PM
    American Family to acquire Bowhead Specialty for $1.2 billion
    3 Aug · 12:14 PM
    Curium to acquire Lantheus in up to $8 billion deal
    3 Aug · 3:32 PM