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With two new hires in place in Singapore, global coordination, Citi ramped up its treasury advisory team in a market where competitors have struggled for business.
Rohit Sawhney has taken on Manfred Schmoelz’ role as managing director and head of transaction services for Asia-Pacific at the Royal Bank of Scotland.
Sanjiv Vohra has left his position as CEO of RBS India, after joining the bank in June, to take a role as head of corporate banking coverage, Asia-Pacific, for Deutsche Bank.
Bank of America Merrill Lynch (BoAML) has promoted Nirmal Khaderia to head its Asia-Pacific corporate sales of the global transaction services, a newly-created position.
Citi transaction services has promoted Sanjay Tandon to Asia-Pacific head of trade finance, replacing Ravi Saxena who now runs the bank’s regional treasury business.