Citigroup hires Drago Rajkovic as co-head of M&A from JPMorgan, memo says

Published: 2025-06-20 11:45:09 ET JPM

Published on 06/20/2025 at 11:45

NEW YORK (Reuters) -Citigroup hired Drago Rajkovic as its co-head of mergers and acquisitions from rival JPMorgan Chase, according to a memo seen by Reuters on Friday.

Rajkovic, who has more than three decades of advisory experience, was most recently global chairman of M&A at JPMorgan, according to the memo signed by Citi's head of banking Viswas "Vis" Raghavan, who is also a JPMorgan alum.

Rajkovic will join in September and lead M&A alongside Kevin Cox, the memo added. Rajkovic will divide his time between New York and San Francisco.

His recent deals included the $8 billion acquisition of Informatica by Salesforce and the purchase of Juniper Networks by Hewlett-Packard Enterprise for $14 billion.

(Reporting by Tatiana Bautzer, editing by Lananh Nguyen)

By Tatiana Bautzer