The latest senior moves, appointments and personnel changes in the Asia-Pacific wealth management sector.

Natixis
Natixis Corporate & Investment Banking, part of Natixis, has appointed Adel Afiouni – with a background of working with clients including family offices – as senior country manager, group regional head for the Middle East, Caucasus & Central Asia.

Based in Dubai, Afouni reports to Bruno Le Saint, CEO, Asia Pacific & Middle East. Afiouni is responsible for all business across the Middle East and CCA regions, including Turkey and Egypt.

Afiouni has a 30-year career in investment banking, global markets and client coverage across London, New York, and Paris, including a 19-year stint at Credit Suisse with a focus on the Middle East and emerging markets. He has built relationships with decision-makers at sovereign wealth funds, governments, financial institutions, corporates, family offices and entrepreneurs.

Citigroup
US bank Citigroup has appointed Raj Rathi as head of mergers and acquisitions in India, effective June 2026. Based in Mumbai, Rathi will also assume coverage responsibility for digital infrastructure, electronic manufacturing services (EMS) and select B2B commerce companies.

Rathi brings more than 15 years of experience in investment banking, M&A, and investment advisory. He is joining from Dream Sports, where he served as head of strategy and corporate development, leading strategic partnerships, and inorganic initiatives, deploying ~$150 million across several investments.

Prior to Dream Sports, Rathi worked at JP Morgan India Investment Banking for five years, covering technology, consumer internet and fintech, executing transactions totalling about $35 billion. Prior to this, he also worked at Guggenheim Securities New York and Ernst & Young Transaction Advisory Services.

Given Citigroup's integrated business model, the corporate banking side of the lender typically works closely with the private banking arm, given how many high net worth and ultra-HNW clients own operating companies.

Yesterdy, Citigroup also appointed Anita Li as head of corporate banking for Hong Kong, effective July 2026. She will lead the bank's corporate banking business in Hong Kong, covering local corporates, financial institutions, public sector organizations and multinational subsidiary companies.

Li has over 25 years of experience in banking, the firm continued. She joins Citigroup from Standard Chartered Hong Kong where she was most recently head of investors for Greater China & North Asia, and head of financial institutions for Hong Kong.