Rajesh Mehta: Citi’s peripatetic transaction banker

Citi’s head of Asia treasury and trade solutions has retired after 40 years at the US bank. He tells Euromoney what he would do if he were a 20-something graduate today, and why it helps to be both a specialist and a jack-of-all-trades in the industry now.

Banking was a very different place when Rajesh Mehta’s began his career. Banking in India then, however – that existed on another planet entirely.

Mehta joined Citi in 1984, a year that saw Los Angeles host the Olympics, the steadily crumbling Soviet empire gain another short-lived septuagenarian leader, and tiny Liechtenstein become the last European country to grant women the right to vote. It was also the year that Wing Commander Rakesh Sharma became the first – and, to date, only – Indian citizen to journey into space.

Mumbai, the city Mehta moved to after graduating from the Indian Institute of Management in Ahmedabad, was very different too.

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