Reported 25 days ago
Citigroup has announced Aashish Dhakad as the new head of its private credit origination division in North America, according to an internal memo. With two decades of industry experience, Dhakad will take up the position in October, coming from Ares Management. This appointment is part of Citi's strategy to strengthen its foothold in the growing private credit market, which involves loans from non-bank entities to riskier borrowers, often in partnership with traditional banks.
Source: YAHOO