Citigroup Hires Tech Executive Govind for Investment Banking

Citigroup Inc. has hired Anand Govind as a managing director on its technology investment banking team, focused on enterprise software and artificial intelligence.

Govind is set to start later this month and will be based in San Francisco, according to a memo reviewed by Bloomberg News. Mark Keene and Pankaj Goel said in the memo that Govind will report to them.

His hiring comes as Citigroup expands its senior ranks amid rising corporate investment in artificial intelligence and cloud software. David Friedland, whom the bank hired from Goldman Sachs Group Inc., started this month as co-head of North America investment ...