Citigroup [C] has hired Sanjiv Sawhney as global head of fund services, a new position. He was previously head of fund services operations at JP Morgan [JPM] and is returning to Citi, where he began his career and served for 15 years.

In this new role, Sawhney will provide leadership for Citi’s hedge fund, private equity and mutual fund administration businesses globally. He will report to Neeraj Sahai, global head of Citi’s securities and fund services.

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