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  3. Citi welcomes Patel
People moves news

Citi welcomes Patel


12 August 2025 Hong Kong
Reporter: Hansa Tote

Generic business image for news article
Image: Kwetiaw/stock.adobe.com
Jig Patel has joined Citi as head of Prime Âé¶¹Ó°ÊÓ´«Ã½ for Japan, Asia North, Australia (JANA), and South Asia, based in Hong King.

Patel will be responsible for the ongoing development of the Prime Âé¶¹Ó°ÊÓ´«Ã½ offering in these markets as well as the strategic growth of the platform.

He is also tasked with overseeing prime brokerage, stock borrowing and lending, synthetic prime brokerage, funding trading, and in business risk.

Having spent almost 30 years building out Goldman Sachs’ Asia Prime business, the firm says his appointment is key to Citi’s growth in the region, with Citi head of markets Paul Smith recently speaking about hiring between 5 to 10 per cent across Prime in Asia.

Patel will be reporting to head of equity trading for JANA, Robert Stewart, and the Global and Asia South heads of Prime services Sebastien Maileux and Tim Tomalin-Reeves.
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