Citi Promotes Manish Kohli as its Global Head of Payments and Receivables
- Mr. Kohli's latest promotion puts him in a lead role at one of Citi's most integral business segments.
Citi has announced a new senior hire to its New York operations, which comes at a time when the banking industry as a whole is experiencing a heavy flux of movement and changes in personnel. The lender has tapped Manish Kohli as its newest Global Head of the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl and Receivables business, per a group statement.
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The addition of Mr. Kohli to Citi’s Global Payments and Receivables represents the group’s growing emphasis on new technologies and digital solutions in the US and abroad. As the Global Head of the unit, Mr. Kohli will be reporting to Naveed Sultan, Global Head of Citi’s Treasury and Trade Solutions and will continue to be based out of Citi’s New York branch.
Citi’s Global Payments and Receivables unit is one of the group’s strategic segments and a key element of its overall business. He currently has served as the Global Head of Commercial Cards in New York, having joined assumed the role back in October 2011, helping lead its Commercial Cards business globally.
Mr. Manish originally joined Citi India back in 1997 as a Management Associate in Trade Operations. Since then his tenure has been focused on a variety of roles in Citi’s businesses in India, Europe, Middle East, and Africa (EMEA), and globally across Payments, Receivables, Trade and Cards.
According to Mr. Sultan, Global Head of Treasury and Trade Solutions in a statement on the promotion, “We are uniquely positioned to maintain our market-leading position through our global capabilities and geographic reach. Manish’s extensive experience across our network will help us capture a greater share of current and emerging flows including e-commerce flows, Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders new technologies and penetrate global, domestic and cross-border flows through digital solutions.”
Citi has announced a new senior hire to its New York operations, which comes at a time when the banking industry as a whole is experiencing a heavy flux of movement and changes in personnel. The lender has tapped Manish Kohli as its newest Global Head of the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl and Receivables business, per a group statement.
The London Summit 2017 is coming, get involved!
The addition of Mr. Kohli to Citi’s Global Payments and Receivables represents the group’s growing emphasis on new technologies and digital solutions in the US and abroad. As the Global Head of the unit, Mr. Kohli will be reporting to Naveed Sultan, Global Head of Citi’s Treasury and Trade Solutions and will continue to be based out of Citi’s New York branch.
Citi’s Global Payments and Receivables unit is one of the group’s strategic segments and a key element of its overall business. He currently has served as the Global Head of Commercial Cards in New York, having joined assumed the role back in October 2011, helping lead its Commercial Cards business globally.
Mr. Manish originally joined Citi India back in 1997 as a Management Associate in Trade Operations. Since then his tenure has been focused on a variety of roles in Citi’s businesses in India, Europe, Middle East, and Africa (EMEA), and globally across Payments, Receivables, Trade and Cards.
According to Mr. Sultan, Global Head of Treasury and Trade Solutions in a statement on the promotion, “We are uniquely positioned to maintain our market-leading position through our global capabilities and geographic reach. Manish’s extensive experience across our network will help us capture a greater share of current and emerging flows including e-commerce flows, Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders new technologies and penetrate global, domestic and cross-border flows through digital solutions.”