Rajat Madhok appointed Head of Citi Commercial Bank in Asia Pacific

Citi has appointed Rajat Madhok as Head of Citi Commercial Bank (CCB) Asia Pacific. Based in Hong Kong, Madhok replaces Ashish Bajaj, who has taken on a global role as Ecosystem Head for CCB. In his new role, Madhok reports to Sunil Garg, Global Head for CCB and Gonzalo Luchetti, Asia Pacific Head for Consumer Banking.

As many of the region’s mid-sized companies expand internationally, CCB supports their growth by providing access to Citi’s full range of wholesale banking solutions and global network, which spans over 160 countries and jurisdictions.

Previously, Madhok served as Head of Mid Corporates for Asia Pacific CCB, a position he had held since 2014. He is credited with strengthening the CCB value proposition for mid-sized corporates and the establishment of the cross-border business in Asia, supporting emerging champions as they pursue growth opportunities outside of their home markets and in priority trade corridors. He was also instrumental in building out CCB’s Digital Client segment.