Cit­i­group names BofA's Dal­jeet Lamba MD in Canada

The Pak Banker - - COMPANIES/BOSS -

Cit­i­group Inc. named Bank of Amer­ica Corp.'s Dal­jeet Lamba as manag­ing di­rec­tor of cor­po­rate bank­ing in Canada.

Lamba will lead the bank's busi­ness and client-devel­op­ment strate­gies in that coun­try, New York-based Cit­i­group said Tues­day in a state­ment. He ear­lier worked at Cit­i­group in Canada be­fore join­ing Bank of Amer­ica in 2009.

"We are pleased to wel­come Mr. Lamba back to Citi," said John Hast­ings, chief ex­ec­u­tive of­fi­cer of the bank's Canada op­er­a­tions. "His con­nec­tiv­ity and ex­per­tise will en­sure we con­tinue to en­hance our abil­i­ties to bring first-class prod­ucts and ser­vice to our in­sti­tu­tional clients."

Lamba most re­cently was a manag­ing di­rec­tor of global cor­po­rate and in­vest­ment bank­ing at Bank of Amer­ica's Mer­rill Lynch unit in Canada. Cit­i­group em­ploys 2,700 peo­ple in con­sumer and in­sti­tu­tional bank­ing in Canada, with of­fices in Toronto, Mon­treal and Cal­gary, ac­cord­ing to the state­ment.

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