Citibank has appointed Rahul Saraf as its Head of Investment Banking, India. He will support the growth of Citi India’s renewed focus on the institutional business, leveraging his deep relationships with large Indian conglomerates and some of Citi’s other key clients, the bank said in a statement. He will continue to report to Ravi Kapoor, Head of Banking, Capital Markets and Advisory (BCMA), Citi South Asia. He joined Citi India in June 2005 and over this period he helped build Citi’s investment banking franchise in India as a Managing Director in the Investment Bank. Prior to this new role, he led coverage of several large clients across industrials and infrastructure sectors and has led many marquee deals across M&A, equity, and debt capital markets.