Citibank will have a new CEO of its India operations from 1 April. Long time bank veteran Ashu Khullar will replace Pramit Jhaveri. Khullar, currently based in Hong Kong, is the Asia Pacific head of Capital Market Origination at Citigroup. He has also been co-head for corporate banking for Europe, Middle East and Africa and has held several senior posts across various divisions of the bank, including cash management, trade, relationship management, loan structuring and syndication during his over 30-year tenure with Citi. He is an alumnus of Shri Ram College of Commerce and the Indian Institute of Management Ahmedabad. Jhaveri is expected to become vice chairman of Citi’s banking, capital markets and advisory business across Asia Pacific.
