Citi appointed Ebru Pakcan as global head of trade for treasury and trade solutions (TTS) in mid-February, in what is a notable promotion for the transaction banking veteran.
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Ebru Pakcan |
She replaces John Ahearn, who had held the position since joining the firm in 2004 and was named chairman for the division in October. Ahearn is due to retire later this year and will support Pakcan as she transitions into her new role.
This is an interesting decision by Citi, given that Pakcan will be moving into a trade role after a career that has largely focused on cash management.
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