Citi appoints Victor Alexiev to global head of D10X ICG
29 October 2021 Singapore
Image: Citi
Citi has announced the hire of Victor Alexiev to global head of D10X institutional clients group (ICG).
Based in Singapore, Alexiev will lead a global team to accelerate the development of new
solutions and will continue to work closely with teams across the business to identify new opportunity spaces.
Reporting to Valla Vakili, global head of venture innovation for Citi Ventures, Alexiev will also have a matrix reporting line to Gulru Atak, managing director, ICG business development, innovation.
Alexiev joined Citi in 2018 as the Asia head of D10X, an internal incubation programme that focuses on the exploration of new strategic opportunities for growth and value creation for the bank. His initial remit was focused on Citi’s markets and securities services business and, in 2020, it was expanded to include all of Citi Ventures’ ICG-relevant programmes and strategic partnerships across Asia.
Prior to this role, Alexiev held several roles including four years as co-managing director of Innovator, four years as co-founder of hacker.works, a year as head of research and development at Nugit, and three years as co-founder and director of research and development for Newstag.
Speaking on the appointment, Vakili says: “Ten years ago, innovation meant rapidly addressing new developments in technology and the shift to an increasingly digital world. Today, we are focusing on long-term growth and helping to address societal and structural disruption, working with partners to discover and build new solutions customised for our hyper-connected world.”
Alexiev adds: “With the acceleration of innovation investments across the industry, we are at the brink of a fundamental transformation of financial services in this century. I am privileged to have the opportunity to work with a team to support Citi’s journey.”
Based in Singapore, Alexiev will lead a global team to accelerate the development of new
solutions and will continue to work closely with teams across the business to identify new opportunity spaces.
Reporting to Valla Vakili, global head of venture innovation for Citi Ventures, Alexiev will also have a matrix reporting line to Gulru Atak, managing director, ICG business development, innovation.
Alexiev joined Citi in 2018 as the Asia head of D10X, an internal incubation programme that focuses on the exploration of new strategic opportunities for growth and value creation for the bank. His initial remit was focused on Citi’s markets and securities services business and, in 2020, it was expanded to include all of Citi Ventures’ ICG-relevant programmes and strategic partnerships across Asia.
Prior to this role, Alexiev held several roles including four years as co-managing director of Innovator, four years as co-founder of hacker.works, a year as head of research and development at Nugit, and three years as co-founder and director of research and development for Newstag.
Speaking on the appointment, Vakili says: “Ten years ago, innovation meant rapidly addressing new developments in technology and the shift to an increasingly digital world. Today, we are focusing on long-term growth and helping to address societal and structural disruption, working with partners to discover and build new solutions customised for our hyper-connected world.”
Alexiev adds: “With the acceleration of innovation investments across the industry, we are at the brink of a fundamental transformation of financial services in this century. I am privileged to have the opportunity to work with a team to support Citi’s journey.”
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