Rajesh Mehta has been named regional head of treasury and trade solutions for Asia Pacific at Citi.

Mehta will oversee cash management and trade finance services for multinationals, financial institutions and public sector organisations in Asia, based in Hong Kong from September.

He is relocating from London, where he was most recently regional head of trade and treasury solutions for Europe. He reports to Naveed Sultan, global head of this area, and Asia Pacific CEO Francisco Aristeguieta.

He succeeds Amol Gupte, who has been named head of Asean and country officer for Singapore.

Mehta has spent 32 years with Citi, having joined as a management associate in India. He has since held a number of senior roles in transaction and corporate banking around the world.

Aristeguieta welcomes him to Asia saying: “Rajesh brings to the role a wealth of experience across Citi’s businesses around the world and an understanding of the power of our network to meet our clients’ evolving needs in a fast-changing operating environment. His strong track record in building businesses and developing talent in complex geographies and environments will be instrumental to the continued growth of our TTS business in Asia.”