Citigroup Creates Tech, Media and Telco Role for Southeast Asia Dealmaking

  • Citigroup hires Varun Matta From CIMB as head of TMT for Asean
  • U.S. bank has advised on some region’s biggest deals this year
Photographer: David Paul Morris/Bloomberg
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Citigroup Inc. hired Varun Matta from CIMB as head of technology, media and telecommunications investment banking for the Asean region to lead a push in dealmaking.

Matta, who will join the U.S. bank in a few months in Singapore, will be a manging director and also cover some sponsor clients for the region, the bank said in an email. The area includes countries such as Indonesia, Malaysia, Vietnam, the Philippines and Singapore.