The lead Citigroup banker to advise on the sale of EMI Group, the UK music company that the US lender seized control of in February, is a New York-based mergers and acquisitions banker who was promoted in January.

Citi has charged Ketan Mehta to lead the sales process of EMI, according to two sources with knowledge of the situation, after the company said this week it was exploring strategic options, including a potential sale.