Rakesh is a seasoned Risk Management professional with two decades of experience across fraud risk, operational risk, credit risk, regulatory modelling, and advanced analytics—primarily within global banking institutions. Throughout his career, he has played a pivotal role in shaping strategies to address both financial and non-financial risks through data-driven decision-making.

For the past 12 years, Rakesh has been with Citibank N.A. in Singapore, where he has led multiple transformative initiatives within the fraud risk space. A key achievement includes spearheading the establishment of the APAC-EMEA regional fraud analytics team—a centre of excellence focused on developing and deploying advanced AI/ML-driven fraud detection and prevention strategies tailored to diverse regional threat landscapes. His work has significantly enhanced Citi’s proactive capabilities against increasingly sophisticated financial crime threats.

In his current position as Vice President & Fraud Risk Officer at Citi, Rakesh oversees fraud models and analytics strategies across all business verticals. He provides governance and risk oversight on the use of AI/ML tools in fraud risk management, ensuring that innovation aligns with regulatory expectations, ethical standards, and client considerations. His role involves close collaboration with cross-functional and cross-market teams to drive enterprise-level financial crime risk mitigation.

As a Certified Financial Crime Specialist (CFCS), Rakesh brings a well-rounded blend of technical expertise, regulatory insight, and strategic leadership to the fight against financial crime. He has led several global change management initiatives, built and nurtured high-performing fraud analytics teams, and consistently champions the responsible application of emerging technologies to stay ahead of evolving financial crime threats.