Citi has appointed Pramit Jhaveri as chief country officer for Citi in India. FinanceAsia has earlier reported the likelihood of this happening following the resignation of Mark Robinson who was head of Citi for South Asia, including India.
Jhaveri will report to Shirish Apte who is co-chief executive officer for Asia-Pacific together with Stephen Bird. Apte's responsibilities span Oceania, Southeast Asia and South Asia, while Bird looks after North Asia.
In appointing Jhaveri, Citi has chosen another veteran Citi banker to lead its India franchise. Jhaveri has worked with Citi for 23 years. However, in stark contrast to Robinson, who had never worked in India and not even spent much time in Asia,...