Citi Treasury and Trade Solutions has appointed Hubert J.P. Jolly as its global head of payments and receivables, effective immediately.

Jolly was most recently global head of channel and enterprise services, a role he has held since 2010, and is a member of the TTS global executive committee. He will replace Ebru Pakcan, who was recently named Europe, Middle East and Africa region head for TTS, according to an internal memo from TTS global head Naveed Sultan.

“J.P will lead our vision to capture a greater share of current and emerging flows including e-commerce flows, leverage new technologies and penetrate global collection flows through digital solutions,” he said.

Sultan did not share information about Jolly’s successor but said such information would be revealed “in due course.”

Jolly joined Citi in 1997 as part of the Global Emerging Markets Associate program which led to him working in several regions. He was promoted to head of payments and cards for North America in 2004 and in 2009 he became global head of commercial cards and procure-to-pay.

Bloomberg News

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