Citi has made a number of senior management appointments to its global commercial bank and global transaction services business lines.
Michael Guralnick has been appointed to the newly created role of global head of client management for Citi’s global commercial bank. He will be responsible for the treasury and transactional business flows of corporate and public sector clients.
Guralnick has over 22 years of experience working at Citi, having worked in transaction services in Asia Pacific, Europe, Middle East and Africa. In his new role he will be based in London and will continue to have direct responsibility for global transaction services.
Citi appointed Rajesh Mehta as head of cash management for global transaction services in Europe, Middle East and Africa (EMEA). He will report to Naveed Sultan, region head for GTS EMEA and Francesco Vanni d”Archirafi, global head of cash management.
Mehta has 23 years experience of working with Citi. He started his career with the company in India, before moving to audit risk review in Singapore, then on to become head of cash management and trade in Indonesia, before becoming head for Mexico and regional cash management and trade head for Latin America based in Buenos Aires.
In 2002, he was appointed global transaction services head for Sub Saharan Africa, based in Johannesburg. Then, at the beginning of this year, he moved to London to assume the role of regional payments head for cash management EMEA before moving up to his new position.
Citi has also appointed Steve Donovan as head of cash and trade sales for the corporate and public sector, global transaction services in Europe, Middle East and Africa. He will be reporting to Naveed Sultan, region head for GTS EMEA and Diane Reyes, global head of cash management and trade product sales. He has joined Citi from JPMorgan Chase, where he gathered over 20 years “experience in the transaction services industry, with his most recent role having been as corporate sales executive for EMEA, Asia Pacific and US-outbound business.