Citi announced that Kaustubh Kulkarni (KK) will join the bank as co-head of Japan, Asia North and Australia (JANA) and Asia South investment banking coverage, serving alongside Jan Metzger to strengthen investment banking across Asia Pacific. Kulkarni is expected to join in December, subject to regulatory approvals, and will be based in Singapore. Vis Raghavan, Citi head of banking, said Kulkarni and Metzger will both report to him and serve on the banking executive team and the banking operating team. Kulkarni joins Citi after 28 years at J.P. Morgan, where he most recently served as senior country officer, India, and vice chair of Asia Pacific. Over his career, he held leadership roles including head of India, head of investment banking, India, and co-head of Southeast Asia investment banking. He brings a distinguished track record of driving revenue growth and leading award-winning teams. Kulkarni is an outstanding banker with strong and deep relationships across public and private sector clients and regulators. Throughout his career, Kulkarni has been instrumental in driving many transformational transactions across Asia and beyond. Raghavan said, “I am confident the strong momentum we’ve been generating globally will continue to accelerate with the addition of KK. His extensive experience makes him the perfect partner with Jan to drive our franchise to even greater heights. Their complementary skill sets and deep knowledge of the region will be invaluable for our clients and colleagues.” Metzger joined Citi in 2015 and is recognised as one of the most passionate and creative leaders. He has held a range of senior roles over the past decade in Asia Pacific, including leadership of the corporate and investment banking franchise. Metzger assumed responsibility for JANA and Asia South investment banking coverage in November 2023 and has driven an increase in client coverage intensity which has been instrumental in contributing to Citi’s strong performance. The addition of Kulkarni alongside Metzger will further accelerate this progress. Raghavan thanked Metzger for his ongoing leadership and welcomed Kulkarni to Citi, wishing them both every success. Redisseminated by The Asian Banker
