Former Barclays Exec Selected To Lead Citi Commercial Bank

Tasnim Ghiawadwala has been named as head of Citi Commercial Bank (CCB). Ghiawadwala succeeds Sunil Garg, who was recently appointed to serve as Citibank, N.A.’s CEO and chair of the risk and controls project group of the firm’s transformation effort, according to an announcement from Paco Ybarra, global head of Citi’s Institutional Clients Group.

Ghiawadwala returns to Citi from Barclays Bank, where she served as the head of that firm’s corporate bank in the United Kingdom as of 2018, according to the announcement.

The executive was previously with Citi for more than two decades and has served in many regional management and CCB positions such as head of Citi’s commercial bank in Europe, the Middle East and Africa(EMEA) for almost eight years. Ghiawadwala was also an EMEA Operating Committee member, according to the announcement.

“[Ghiawadwala] brings with her a deep experience in Commercial, Corporate, Consumer and Investment Banking, as well as a strong track record in driving business growth and transformation, and delivering superior results in periods of intense change,” Ybarra wrote in the announcement.

Ghiawadwala will assist in revamping the strategy and accelerate market growth for CCB, according to the announcement.

“Since its creation 10 years ago, Citi Commercial Bank has evolved into a unified, global business and has become a leading provider of banking services to mid-sized companies,” Ybarra wrote in the announcement.

The news comes as Citi appointed Shahmir Khaliq as its new head of Treasury and Trade Solutions (TTS).

During his career at Citi, Khaliq has served in management roles in banking, markets and securities services, country management (CCO) and treasury services. Before his appointment as global head of TTS, Khaliqworked as head of operations and technology for TTS. Prior to taking on that position, Khaliq worked as global head of Direct Custody & Clearing inside of Markets and Securities Services as of 2017.