Citigroup announced Tuesday (May 30) it has appointed Manish Kohli as the global head of its payments and receivables business.
In a press release, Citi said the global payments and receivables business is a strategic business for Citi and a key differentiator from other institutions. In this role, Kohli will report to Naveed Sultan, global head of Citi’s Treasury and Trade Solutions and will continue to be based in New York.
“We are uniquely positioned to maintain our market-leading position through our global capabilities and geographic reach. Manish’s extensive experience across our network will help us capture a greater share of current and emerging flows, including eCommerce flows, leverage new technologies and penetrate global, domestic and cross-border flows through digital solutions,” said Naveed Sultan in the release. Prior to this role, Manish was global head of commercial cards, where he was successful in building and growing the business.
Manish joined Citi India in 1997 as a management associate in trade operations. He has since worked in a variety of roles in Citi’s businesses in India, EMEA and globally across Payments, Receivables, Trade and Cards. Manish was the EMEA head of Commercial Cards prior to his move to New York in 2012 to take on his most recent role as global head of Commercial Cards. Manish holds a Bachelor of Business Studies and a MBA in Finance from University of Delhi.
According to the company, Citi’s Payments and Receivables business is one of the largest movers of money in the world for large corporations, financial institutions and governments, maintaining one of the largest proprietary global financial infrastructures and facilitates approximately $4 trillion of flows daily.