Private Banks

Citi Private Bank’s Head of South Asia steps down

Jyrki Rauhio, Citigroup Private Bank’s Head of South Asia has been revealed to be vacating his role at the end of March 2020.

Rauhio, who is said to be leaving the firm in pursuit of alternative opportunities, has been Managing Director & South Asia Head for over two years, based in Singapore, having first been appointed in January 2018. He joined Citibank International in Finland, according to his LinkedIn in 1994 as an Analyst, offering relationship support and conducting client analysis and market research.

In 2000, Rauhio joined Citi as Vice President and Regional Account Manager for Citi Corporate Banking, where he had responsibility. Subsequently, he has held roles such as Global Chief Operating Officer for Investment Finance, based in London, and Head of Investment Finance and Banking, Asia Pacific, a role for which he transferred to Hong Kong.

Adam Rahman, Head of Corporate Affairs, Citigroup, said “Jyrki performed the role of South Asia head for two years and did a great job putting in place a platform for growth and wants a new challenge. As a result, this gives us the opportunity to relook at the structure of the business and Steven has decided to streamline it.”