Citigroup Executive Steps Down To Explore Crypto

Citigroup Executive Steps Down To Explore Crypto

Citigroup executive Shobhit Maini has resigned from his post as the global head of digital assets in the bank’s markets division. Maini, a Citigroup veteran of more than 14 years, has given notice to the company to take up an “entrepreneurial opportunity in the digital asset space.”
Citigroup Executive Steps Down
Citigroup executive Shobhit Maini has decided to resign from his role as the global head of digital assets in the bank’s markets unit. 
As reported in the memo from Lee Smallwood, the head of markets innovation and investments at Citigroup, Maini is stepping down to pursue entrepreneurial projects in the cryptocurrency sector.
After the departure of Maini, Deepak Mehra, the international lead for markets strategic investments at Citigroup, will take over the leadership of the digital assets team. This appointment suggests a smooth transition and Citi’s continuing interest in developing and adopting blockchain technology.
Citigroup’s Blockchain Initiatives
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