Shukla will work closely with the regional heads of Citi's financial and strategic investors group, natural resources, real estate and others.
 Citigroup Hires JPMorgan's Bhavin Shukla As Head Of Asia Infrastructure

Citigroup Hires Bhavin Shukla as Managing Director for Asia and Japan

Citigroup Inc. has strengthened its presence in Japan, Asia North, Australia, and South Asia with the hiring of Bhavin Shukla as managing director and head of infrastructure investment banking.

  • Shukla joins from JPMorgan Chase & Co.
  • He will work closely with regional heads of Citi's financial and strategic investors group, natural resources, real estate, and others.
  • Shukla's role will involve advisory, financing, and origination of infrastructure-related transactions.

Citi has been expanding its business in the region with recent hires, including:

  • Vikram Chavali from Goldman Sachs Group Inc. as Asia Pacific head of global asset managers.
  • Anders Svensson as managing director and head of natural resources for Australia and New Zealand capital markets and advisory team.
  • Kaustubh Kulkarni as sole head of investment banking for Asia.

Citi's move to hire experienced professionals like Bhavin Shukla underscores its commitment to expanding its presence in the region and catering to the growing demand for infrastructure investment banking services.