Citi hired Rohan Sen from Bank of America to lead tech services investment banking, part of a broader push that added 5 MDs in July alone.
Alpha Score of 63 reflects moderate overall profile with moderate momentum, moderate value, moderate quality, weak sentiment.
Citi hired Rohan Sen from Bank of America to lead coverage of the technology services sector for its investment banking franchise, Reuters reported Monday.
Sen spent 11 years at BofA, most recently as a managing director in its technology investment banking group, the report said.
The hire is part of a broader push to expand Citi's technology investment banking franchise. The bank brought on veteran JPMorganChase banker Pankaj Goel as co-head of technology investment banking alongside Mark Keene in 2025. It also added five managing directors for that business in July alone, according to Reuters.
Goel and Keene wrote in a memo: “Rohan’s appointment is an important milestone in our ongoing strategy to expand our global technology banking franchise, of which technology service is a highly strategic focus area globally.”
Citi has been building out its technology banking capabilities across multiple fronts. In February, the bank assembled an AI Infrastructure Banking team drawn from its investment banking and corporate units, tasked with helping win advisory and lending mandates for data center, computing and other AI infrastructure projects. In September, Citi said it expected Big Tech AI infrastructure spending to top $2.8 trillion through 2029, up from an earlier $2.3 trillion projection. The bank also raised its global AI market forecast to exceed $4.2 trillion by 2030, with nearly half tied to enterprise AI.
Bank of America, where Sen spent his career, carries an Alpha Score of 64 out of 100 at AlphaScala, reflecting moderate overall sentiment. The stock is in the Financials sector. More details on BAC stock page.
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