Citadel Chief Technology Officer to join Motive Partners

View the Bloomberg exclusive here.

Citadel’s Chief Technology Officer Umesh Subramanian is joining private investment firm Motive Partners, where he will lead its artificial-intelligence push. Subramanian and Motive's Founder, Rob Heyvaert, were interviewed by Bloomberg's Dani Burger at the Milken Global Conference.

Subramanian will join in July as a partner and a member of Motive’s executive leadership team and its growth-and-buyout executive committee. Motive invests in financial technology and technology-enabled business services companies in North America and Europe, from early-stage ventures to growth equity and buyouts.

“We are at a pivotal moment where AI is fundamentally reshaping how financial institutions operate and compete,” Subramanian said. “I’m excited to join the firm at this moment and help drive the next phase of transformation.”

At Citadel, Subramanian led the global engineering organization responsible for building its research, trading and risk-management functions, in addition to serving on its portfolio committee. In his position as CTO, Subramanian also played a key role in advancing the integration of AI, large-scale data systems and cloud technologies. His most recent role at the firm was as a senior adviser.

Prior to Citadel, Subramanian spent 13 years at Goldman Sachs Group Inc., eventually co-leading its technology division.