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.
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.
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.
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