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Citi Names Head of Asia Consumer Bank

By Maria Santos
1 min read
Citi Bank
Citi Bank
In this article (5)

He takes over from Gonzalo Luchetti, who was named U.S. consumer banking head, as reported in January.

Citi has named Kartik Mani as its new consumer banking head for Asia, according to an internal memo Mani will report to Anand Selva, global consumer bank CEO and Peter Babej, Citi’s Asia Pacific CEO,  and join the bank’s Asia Pacific Operating Committee.

Mani joined Citi in July 2020 as consumer head for China, Hong Kong, Taiwan, Korea and Australia, and cards and loans head APAC and EMEA. He previously held global and regional senior leadership roles at American Express, Standard Chartered, HSBC and Lloyds.

Babej described Mani as a digitally focused leader who is able to deliver growth while maintaining strong discipline on risk and controls, noting that he led the revitalization of Citi’s Cards and Lending business in Asia, while deftly navigating the pandemic.

It’s imperative that we continue to execute on our strategic priorities in Asia as we transform our business model and continue to digitize, Babej said in the note.

Questions & Answers

Q.

Who did Kartik Mani replace as Citi’s Asia consumer banking head?

A.

Kartik Mani took over the role from Gonzalo Luchetti. Luchetti was named the US consumer banking head in January, vacating the Asia position for Mani's appointment at Citi.

Q.

What is Kartik Mani's reporting structure within Citi?

A.

Kartik Mani will report to two senior executives: Anand Selva, who is the global consumer bank CEO, and Peter Babej, Citi’s Asia Pacific CEO. He will also join the Asia Pacific Operating Committee.

Q.

What previous roles did Kartik Mani hold before his new appointment?

A.

Mani joined Citi in July 2020 as consumer head for China, Hong Kong, Taiwan, Korea and Australia. He also served as the cards and loans head for both APAC and EMEA regions.

Q.

What was a notable achievement of Kartik Mani mentioned by Peter Babej?

A.

Peter Babej noted that Mani led the revitalisation of Citi’s Cards and Lending business in Asia. This was achieved while successfully managing the challenges presented by the pandemic.

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