NEW YORK, June 4 (Reuters) – Viswas Raghavan joined Citigroup (C.N), opens new tab as its new head of banking this week in New York, the lender said on Tuesday, after it hired the former head of investment banking from JPMorgan earlier this year.

Citi’s CEO Jane Fraser has expressed high hopes for Raghavan, who climbed JPMorgan’s ranks from capital markets, as she seeks to turn around the bank and revitalize its division catering to multinational corporations.