Eeswary Krishnan and Rishi Jalan have been promoted to become co-heads of its Asia Pacific debt capital markets (DCM) syndicate desk effective immediately, according to an internal memo seen by FinanceAsia on Wednesday.
They replace James Arnold who became head of global subsidiaries group on January 7.
"Eeswary and Rishi bring nearly 25 years of combined banking experience and have been instrumental in providing value-added solutions to our key regional and global clients,” according to the memo jointly signed by Benjamin Ng, head of APAC syndicate and acquisition finance, Adrian Khoo and Amit Sheopuri, co-heads of Asia debt origination
Both will be based in Hong Kong and report into Ng, Khoo and Sheopuri.
Krishnan joined Citi Malaysia in 2006 as part of its management associate programme. She then moved to Hong Kong permanently in 2013 following spells in Shanghai and Hong Kong in the capital markets origination team where she covered ECM origination and DCM syndication.
Most recently Krishnan was a director on the DCM Asia syndication desk managing the execution of bonds for sovereigns, corporates and financial institutions.
Krishnan holds a BA (Hons) in business management and an MSc in marketing from the University of Hertfordshire and Robert Gordon University in Aberdeen respectively.
Jalan joined Citi India in 2010, working with the debt origination team covering investment grade, high yield and financial institution bond transactions in India.
Jalan joined the debt syndication team in Hong Kong in 2015, broadening his coverage to include G3 and local currency bond transactions across Asia Pacific issuers.
Jalan holds an MBA from the Rotman School of Management, Toronto, and a BBA from Trent University, Canada.
According to Dealogic, Citi was second in the debt capital markets league tables for Asia ex-Japan in 2018, underwriting $18.7 billion in 162 deals.