NEW YORK, Aug 13 (Reuters) - Citigroup ( C/PN ) 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 ( ARES ) and Bank of
America ( BAC ), 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 ( JPM ) head of EMEA
fintech and payments coverage investment banking. He previously
worked at Indian payments company Paytm and Goldman Sachs ( GS ).