Citi names new transaction head for Indonesia

Citi appoints Sanjeev Jain as head of global transaction services for Indonesia and promotes Munir Nanji to fill Jain's old role.

Citi has appointed Sanjeev Jain as its new head of global transaction services (GTS) for Indonesia. Jain joined Citi in 1998 and was previously GTS regional head of public sector for Asia-Pacific, responsible for structuring solutions, deepening relationships, developing strategic partnerships with the bank’s public sector clients and driving the sales strategy for the public sector client base. He has also been regional corporate payments head and held other key roles in Citi’s cash management and trade businesses in India.

In his new role, Jain is based in Jakarta and reports to Tigor Siahaan, managing director and chief country officer for Citi in Indonesia, and Anthony Nappi, managing director and regional head of GTS for Asia-Pacific.

“Indonesia is a vital part of Citi’s franchise and global transaction services growth strategy in Asia-Pacific,” said Nappi. “Having proven his leadership capabilities both as regional head of public sector and as regional corporate payments head, I am confident Sanjeev will build on our business’s success in Indonesia and take the business to new heights.”

In addition, Citi announced that Munir Nanji, who is the regional head for its bank services group (BSG) for Asia-Pacific has also been appointed regional head of public sector for GTS. In his new role, Nanji will continue to build on synergies that support structuring solutions, deepen relationships and develop strategic partnerships with GTS’s new and existing public sector clients, including central banks, sovereign wealth funds and pensions.

He continues to be based in Hong Kong and reports to Nappi and Bharat Sarpeshkar, managing director and global head of BSG.

“Asia-Pacific has been a huge growth engine for the continual success of Citi’s bank services group and the public sector segment is key to the strategic plans of global transaction services in the region,” said Nappi.

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