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.