Citigroup has recently appointed Drago Rajkovic as its new co-head of mergers and acquisitions (M&A), marking a significant move for the global financial institution. This appointment, effective September 2024, underscores Citigroup’s commitment to strengthening its position in the competitive M&A advisory space. Rajkovic, who brings with him over three decades of experience in high-profile advisory roles, will join forces with Kevin Cox, the current co-head, to lead the bank’s efforts in delivering world-class advisory services to its clients.
Drago Rajkovic comes to Citigroup from JPMorgan Chase, where he served as the global chairman of M&A. During his time there, he played a pivotal role in some of the most significant deals in the market, including Salesforce’s $8 billion acquisition of Informatica and Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks. His experience in steering large, complex transactions across various industries has earned him a reputation as a trusted advisor to top executives and board members worldwide.
In his new role at Citigroup, Rajkovic will work closely with Cox to further enhance the bank’s M&A advisory practice. They are expected to drive the strategic direction of Citigroup’s M&A services, focusing on expanding the firm’s capabilities in guiding companies through both domestic and cross-border transactions. Citigroup has long been recognized for its strong presence in investment banking, and this appointment is seen as a move to solidify and expand that reputation in the highly competitive M&A landscape.
Rajkovic’s addition to the team is expected to bring a wealth of expertise and leadership, especially as the M&A market continues to evolve. With a track record of advising on large-scale transactions in both the technology and industrial sectors, his deep understanding of market dynamics and client needs will be instrumental in guiding Citigroup’s M&A clients through the complexities of deal-making.
The appointment also signals Citigroup’s continued efforts to attract top-tier talent to its investment banking division. By bringing Rajkovic on board, the bank is not only gaining a seasoned professional with an extensive background in M&A but also demonstrating its ability to compete with other major financial institutions in attracting the best and brightest in the industry.
As the M&A landscape becomes increasingly global and fast-moving, the experience that Drago Rajkovic brings will no doubt contribute to Citigroup’s strategic growth in this vital area of its business.
