Citi Establishes Infrastructure Group With Asia as Key Focus

Citi Establishes Infrastructure Group With Asia as Key Focus

A new infrastructure group has been formed at Citi with the appointment of two co-heads who will place particular focus on Asia due to the region’s financing needs.

Citi has established the Infrastructure Financing & Capital Solutions Group (IFCS), according to a statement. Eric Farina and Rob Cascarino have been named as IFCS co-heads, reporting to debt capital market (DCM) heads, John McAuley and Chris Munro, while working closely with all capital markets groups.

Based in New York, Farina has more than 20 years of experience across infrastructure finance, most recently serving as head of infrastructure finance within private capital markets at Morgan Stanley.

Cascarino joined Citi in 2025 with over 20 years of DCM experience, including digital infrastructure and sports stadium financing in the US and EMEA. He will take on the new role as part of an expanded remit in addition to his existing responsibilities as co-head of DCM for UK, Europe, Middle East and Africa.

Evolving Needs in APAC

According to the bank, infrastructure finance and capital markets are evolving rapidly, especially in Asia Pacific.

«Macro trends and technological innovations are expanding capital requirements with the acceleration of investments in energy, transportation, digital and AI ecosystems, and other critical infrastructure,» Citi said.

IFCS will be a product-agnostic infrastructure-focused structuring, placement, and lending group within DCM that will provide customized solutions to global clients. In APAC, teams across the banking business will work closely with the global team to support infrastructure financing across the region.