Citi hires Rohan Sen for tech banking

Citigroup has hired Rohan Sen from Bank of America to lead coverage of the technology services sector, as part of its ongoing expansion of its technology investment banking franchise. Sen, who spent 11 years at Bank of America as a managing director in technology investment banking, will be based in New York and report to global co-heads of technology investment banking Pankaj Goel and Mark Keene. The appointment was confirmed by a Citi spokesperson. This hire follows a series of senior technology banking hires by Citi, including five managing directors in July from Bank of America, JPMorgan Chase and UBS, and the earlier appointment of Anand Govind. The expansion is part of Citi's broader strategy to compete for a larger share of advisory work in the technology sector.