Citi sets up unit to advise governments on digitalisation

By Jasper Cox
30 Oct 2020

Naveed Sultan will develop and lead a new digital policy, strategy and advisory practice for governments, corporates and financial institutions at Citi, and has been appointed chairman in the bank's institutional clients group (ICG).

Paco Ybarra, chief executive of the ICG, said in a memo that Sultan's new practice would "advise governments to develop policies to digitise their economies including their financial systems", while also giving guidance to corporates and financial institutions "to transform their businesses and operating models to stay relevant ...

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