Citi has recruited Rohan Sen from Bank of America to head coverage of the technology services sector, according to an internal memo reviewed by the bank and confirmed by a Citi spokesperson. The appointment is the latest in a string of senior hires as Citi increases investment in its technology investment banking capabilities.
Sen joins Citi after 11 years at Bank of America, where he served as a managing director in that firm's technology investment banking group in New York. He will be based in New York and will report directly to Pankaj Goel and Mark Keene, Citi's global co-heads of technology investment banking.
"Rohan's appointment is an important milestone in our ongoing strategy to expand our global Technology Banking franchise of which Technology service is a highly strategic focus area globally," Goel and Keene wrote in the internal memo.
The memo described technology services as a "highly strategic" area for Citi on a global basis and framed Sen's hiring as a significant step in building the bank's technology banking franchise. A spokesperson for Citi confirmed the contents of the memo. A Bank of America spokesperson declined to comment on the move.
This hire follows a series of recent additions to Citi's U.S. technology investment banking team. In July, the bank added five managing directors who joined from competitors Bank of America, JPMorgan Chase and UBS. Those hires included Chris Groe, Florian Plath, Dhruv Fotadar, Anand Agarwal and Josh Sheets.
Earlier in the year, Citi also recruited Anand Govind, the former chief financial officer of software company o9 Solutions, as a managing director in technology investment banking. The bank's expansion in technology investment banking comes after the hiring of veteran JPMorgan banker Pankaj Goel as co-head of the group alongside Mark Keene in 2025, a move that was presented internally as part of a broader effort to grow Citi's investment banking franchise and compete for more advisory work across the technology sector.
Sen's relocation to Citi and the cluster of senior hires underline the bank's continued focus on strengthening its advisory capabilities for clients in the technology sector, with particular emphasis on technology services as a strategic coverage area.
Impacted sectors: Banking, Technology, Investment Banking