Citigroup Hires Bank of America's Rohan Sen to Lead Technology Services Banking

Citigroup has hired veteran banker Rohan Sen from Bank of America to lead its technology services investment banking coverage, according to an internal memo. The move is the latest in a significant push by Citi to expand its advisory team for the lucrative technology sector.

Key Appointment Details

Sen joins Citi as a managing director after 11 years at Bank of America, where he held a similar role as a managing director in the technology investment banking group. Based in New York, Sen will now report to Pankaj Goel and Mark Keene, Citi's global co-heads of technology investment banking.

In the memo, which was seen by Reuters and confirmed by a bank spokesperson, Goel and Keene described technology services as a "highly strategic" focus area for the firm globally. They called Sen’s appointment an "important milestone" in the bank's strategy to grow its technology franchise. A spokesperson for Bank of America declined to comment.

Broader Push into Tech Banking

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Sen's appointment is part of a broader, sustained effort by Citigroup to bolster its technology investment banking ranks and compete more aggressively for advisory mandates. The expansion has been underway since the bank hired Goel from JPMorgan in 2025 to co-lead the group with Keene.

This hire follows several other senior additions to the U.S. technology team this year, including:

• Five managing directors hired in July from rivals Bank of America, JPMorgan Chase, and UBS: Chris Groe, Florian Plath, Dhruv Fotadar, Anand Agarwal, and Josh Sheets.
• Anand Govind, the former chief financial officer of software company o9 Solutions, who also joined as a managing director.

This continued investment in talent underscores Citi's ambition to capture a larger share of M&A and capital markets activity across the technology industry.