Citi appoints APAC head of trade and working capital

Citi Treasury and Trade Solutions (TTS) has appointed Sumanta Panigrahi as head of the trade and working capital solutions business (TWCS) for its Asian Pacific division, based in Hong Kong.

In his new role, Panigrahi will be responsible for working with Citi's regional client, product, and country business partners to grow the TWCS business in Asia.

He will be reporting to Chris Cox, global head of TWCS, and Rajesh Mehta, the bank's APAC head of TTS.

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