ajay banga

Citi veteran and respected Asia-Pacific CEO Ajay Banga departs to take on the top job and a guaranteed package at MasterCard, adding further to the woes of the struggling US bank.

In an effort to achieve greater efficiencies, the firm divides the region into four areas supported by seven product and coverage groups.

In his first interview since he took up the mantle as CEO for Asia-Pacific, Ajay Banga outlines his goals for Citi in the region.

Robert Morse becomes the latest high-profile banker to resign from Citi to pursue other opportunities.