Citi has appointed Mitali Sohoni as head of North American markets and Dina Faenson as CEO of Citigroup Global Markets (CGMI), according to a source familiar with the matter.
Sohoni is responsible for the coordination of Citi’s North American markets strategy, in addition to her existing role as head of asset-backed financing. She continues to report to Mickey Bhatia, head of global spread products, and now has a matrix reporting line to Sunil Garg, CEO of Citibank North America.
Sohoni has more than two decades of industry experience, 19 years of which have been spent with Citi. She has held numerous roles with the firm, overseeing businesses including asset-backed securities, the asset finance group and CLO/credit financing.
As CGMI CEO Faenson reports to Andy Morton, head of market. She assumes the role in addition to her existing position as head of markets counterparty trading and risk.
Faenson has been with Citi for more than 18 years, holding senior positions including head of markets and global co-head of rates and currencies for valuation adjustments.
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