Citigroup Names Prashant Thakker as Head of Corporate Bank for South and Southeast Asia

Citigroup has announced the appointment of Prashant Thakker as the new Head of Corporate Bank for South and Southeast Asia, according to an internal memo circulated in May 2025. Thakker’s elevation to this key leadership role underscores Citigroup’s commitment to strengthening its corporate banking franchise and deepening client relationships across these rapidly growing markets.

 

As Head of Corporate Bank for the region, Thakker will oversee strategic initiatives, business development, and client engagement, aiming to drive growth and innovation in Citigroup’s corporate banking operations. His appointment comes at a time when South and Southeast Asia are witnessing robust economic activity and increasing demand for sophisticated banking solutions from multinational and regional corporate clients.

 

Thakker brings extensive experience in banking and financial services to his new position, having previously held senior roles within Citigroup’s Asia-Pacific business. His leadership is expected to play a pivotal role in expanding Citigroup’s market share and delivering tailored solutions to clients across diverse sectors.

 

This strategic move aligns with Citigroup’s broader vision to enhance its presence in high-growth Asian markets and capitalize on emerging opportunities in cross-border trade, investment, and digital banking.

 

Source: Internal Memo, Citigroup