, APAC
109 views

Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk

Madhok will relocate to New York.

Citi has appointed Rajat Madhok as global head of Citi Commercial Bank Credit Risk. 

Prior to his new role Madhok was Asia Pacific head of Citi Commercial Bank.

Madhok will relocate to New York from Hong Kong and will have risk management oversight, including wholesale credit risk, for Citi Commercial Bank. 

He first joined Citi in India in 1996, where he held a variety of roles across corporate banking and commercial banking. In 2011, he was named Citi Commercial Bank head for India and launched several new initiatives.

ALSO READ: Citi makes two key appoints for markets, TTS business

In his time as APAC head of Citi Commercial Bank, Madhok led Citi’s commercial banking business across 11 markets in the region and delivered consistent growth for the firm. 

In 2021, Citi Commercial Bank in Asia Pacific contributed to 41% of the business’ US$2.7 billion in global revenues, making APAC the largest revenue contributor for the business globally.

Follow the links for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.