Citi nabs J.P. Morgan banker to head investment banking financing

Achintya Mangla is now in charge of financing duties for Citi’s global DCM, ECM, syndicate and private capital markets.

Citi has appointed Achintya Mangla as head of financing for investment banking, effective 4 September.

The newly created role will see Mangla take responsibility for global debt capital markets (DCM), equity capital markets (ECM), syndicate and private capital markets. 

Prior to joining Citi, Mangla worked for J.P. Morgan for over 22 years, where he was most recently head of global ECM.

The current head of global DCM Rich Zogheb, and co-heads of global ECM Douglas Adams and James Fleming, will continue in their respective roles and report to Mangla. 

Together, the team of Mangla, Zogheb, Adams, and Fleming are tasked with ensuring that Citi is providing strategic financial advisory services and seamless execution to clients looking to access the capital markets, the bank said.

Mangla reports to head of banking, Vis Raghavan.