Citi appoints Prashant Thakker as head of Asia South Corporate Bank

May 30th at 06:38
30-05-2025 06:38:42+07:00

Citi appoints Prashant Thakker as head of Asia South Corporate Bank

Citi on May 26 announced the appointment of Prashant Thakker as head of Asia South Corporate Bank, effective immediately.

Citi appoints Prashant Thakker as head of Asia South Corporate Bank

Prashant Thakker, the newly appointed head of Asia South Corporate Bank

Prashant currently heads capital management for Japan, Australia, New Zealand, and Asia South.

In this role, he will oversee business strategy, financial performance, talent development, and execution for the Asia South Corporate Bank across its local corporate, financial institution, public sector, and global network banking businesses.

Citi’s Asia South markets comprise India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, and Sri Lanka.

With an 18-year career at Citi, Prashant brings a strong blend of business insight and strategic experience built across key leadership roles.

As head of capital management, he drove steady gains in return on tangible common equity and balance sheet efficiency across clusters.

Earlier in his career, he led diversified industrials coverage and corporate finance in Shanghai, where he strengthened client dialogue which helped drive sustained revenue growth for China Corporate Bank.

Prashant began his Citi journey in 2007 as a banker in India and moved to Hong Kong in 2013 to join the global capital markets team, where he managed the non-target market leveraged finance portfolio.

Prashant will relocate to Singapore in due course.

VIR

- 16:00 29/05/2025



NEWS SAME CATEGORY

Banking industry promotes digital transformation for smart digital ecosystem

The digital transformation of the banking industry must be further promoted to better the connection between commercial banks with people, enterprises and the...

Việt Nam’s polymer banknote provider sets sights on global markets

Q&T has been at the 2025 Currency Conference in Bangkok, a prestigious gathering that draws central banks and currency authorities from more than 70 countries.

Banks undergo major executive shake-up amid restructuring drive

Vietnamese banks are accelerating their restructuring efforts to strengthen competitiveness in a challenging economic climate as a wave of executive changes have...

Credit expects to surge as rates bottom out

Widespread deposit rate cuts have pushed Vietnamese banks’ interest rates to their lowest in two years, even as the pace of decline begins to slow.

NPL ratio rise puts pressure on banking

With targets set for credit growth and GDP, the banking system requires a comprehensive legal overhaul for resolving non-performing loans.

Green finance criteria needed to hit net-zero goal

The transition from a ‘brown’ to a ‘green’ economy is not an easy task, as to reach the net zero goal by 2050, Việt Nam needs a huge capital of nearly US$360...

Banking industry accelerates towards smart digital ecosystem

The Director of the SBV’s Payment Department, Phạm Anh Tuấn, said that, after four years of implementation, the digital transformation of the banking sector has...

New regulations on bank asset management companies to be issued

According to the SBV, it has finalised a draft circular regulating the activities of subsidiaries and affiliates of credit institutions involved in debt management...

Sun Life Vietnam increases charter capital to VNĐ18.434 trillion

Sun Life Vietnam has been officially approved by the Ministry of Finance to increase its charter capital from VNĐ17.944 trillion to VNĐ18.434 trillion ($711.2...

Digital age truly here for public audits

The role of public auditing is undergoing a fundamental shift in Vietnam thanks to the digital revolution.

Bank stocks

Insurance stocks


MOST READ


Back To Top