Citi has announced the appointment of Raj Rathi as Head of Mergers & Acquisitions (M&A) for India, effective June 2026. The appointment reinforces the bank’s focus on strengthening its investment banking capabilities and expanding advisory services in key growth sectors.
Based in Mumbai, Rathi will also take on sector coverage responsibilities for digital infrastructure, electronic manufacturing services (EMS), and select B2B commerce companies. In his expanded role, he will work closely with teams across investment banking, markets, and other product groups to deliver integrated financial and strategic solutions to clients.
As Head of M&A in India, Rathi will lead Citi’s mergers and acquisitions franchise in the country, focusing on complex and high-value transactions across priority sectors. He will also play a key role in deepening client relationships and driving strategic advisory initiatives amid increasing deal activity in India’s rapidly evolving business landscape.
The appointment comes at a time when India continues to witness strong momentum in mergers, acquisitions, and strategic investments, particularly across technology, manufacturing, infrastructure, and digital economy sectors. Citi aims to further strengthen its position in the investment banking space by leveraging sector-focused expertise and global execution capabilities.
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With extensive experience in investment banking and advisory, Rathi is expected to contribute significantly to Citi’s long-term growth strategy in India while supporting clients in navigating complex transaction environments and unlocking new growth opportunities.
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