Citi has promoted Rahul Shukla to head of corporate banking in India. Nikhil Eapen, who currently works with him, will take on Shukla's current role as Asia-Pacific head of technology, media and telecommunications TMT within the global banking division.
In his new role, Shukla will be charged with enhancing Citi's offering of corporate banking services in India, including cash management, foreign exchange, loans and trade finance. His appointment will become effective in July. The bank said his expertise and client management skills will help it continue to build its capabilities in India. Shukla will be based in Mumbai and report to Ravi Kapoor, who was named head of global banking for India in April....