Rishi Jalan has transferred from Citi's debt capital markets practice in India to its Asia-Pacific debt syndicate team in Hong Kong, the US bank said in an internal memo on Monday.
The move will give Jalan room to expand his DCM experience by transitioning to an execution role, Citi said, noting record DCM activity across the region.
Some 216 DCM deals with an aggregate value of $116 billion have been transacted in Asia ex Japan so far this year, according to data provider Dealogic. Broken down by sub-region, North Asia accounted for the lion’s share of paper with 65 deals worth $76 billion.
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