Debopama Sen has been named head of treasury and trade solutions (TTS) for Singapore and Asean at Citi.

She will be managing the TTS department, which provides cash management and trade finance services to multinationals, financial institutions and public sector organisations.

Sen will be based in Singapore and report to Rajesh Mehta, head of TTS for Asia Pacific, and Amol Gupte, Asean head and CEO of Citi Singapore. Meanwhile, the TTS heads in Indonesia, Malaysia, the Philippines, Thailand and Vietnam will report to her.

She leaves her post as head of TTS for India, where she also ran that business for Bangladesh and Sri Lanka. She joined Citi 22 years ago as a management associate and has, in the intervening time, worked across trade finance, cash management and securities services.

Last year, Sen was instrumental in Citi launching the first digital cross-border payments solution for importers in India, following the government’s directive to streamline trade facilitation.

“Sen has brought TTS to new heights in the India cluster, growing the business into one of the largest for TTS outside of the major global hub locations,” Mehta says. “She has also played an instrumental role in pioneering new initiatives, including the first-ever digital solution for cross-border trade payments in India. Her robust experience across TTS and our institutional client group businesses will be invaluable as we continue to closely partner our global and multinational clients on their growth journey in the region and help them leverage on the strong pan-Asean and Asia-to-Asia trade flows.”

Gupte adds: “Asean is an important part of the region for Citi, and Singapore is not only one of our fastest-growing markets, but also a key strategic regional hub for many of our global and Asian multinational clients. Sen’s strong track record in building businesses and teams will be an asset as we continue to grow the TTS business in Asean and Singapore.”