Singapore, February 2026 – Varun Matta has started a new role as Managing Director, Co-Head Technology, Media, Telecom Investment Banking APAC at Citi, further strengthening the bank’s leadership bench across the high-growth TMT sector in Asia Pacific. In this expanded mandate, he will co-lead the regional TMT investment banking franchise, advising clients on mergers & acquisitions, capital markets, and strategic transactions.
Varun has been with Citi for over four years, previously serving as Managing Director & Head, Technology, Media & Telecom ASEAN and Managing Director & Head, Financial Sponsors Coverage ASEAN. During this period, he played a pivotal role in driving complex M&A and corporate finance transactions across Southeast Asia, strengthening Citi’s position as a trusted advisor in the region.
Prior to joining Citi, Varun held senior leadership roles at CIMB, where he served as Managing Director & Head, Mergers & Acquisitions and Financial Sponsors and Managing Director & Head, Telecoms, Media & Technology, Investment Banking. His earlier experience includes investment banking roles at Delta Partners, Credit Suisse, and Macquarie, where he advised on significant cross-border M&A transactions across telecoms, media, technology, and industrial sectors. He began his career in investment banking at DBS Bank.
Varun holds an MBA from Indian Institute of Management Bangalore and a dual degree in Biochemical Engineering & Biotechnology from Indian Institute of Technology, Delhi, combining strong analytical foundations with deep sector expertise.
Citi is a leading global financial services institution serving clients across hundreds of countries and cities. With over 200 years of experience, Citi provides services spanning asset safeguarding, lending, payments, and capital markets access, enabling growth and economic progress worldwide.
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