Mumbai, Maharashtra, India
Citi India's Global Consumer Group today announced the following three key senior executive appointments effective March 10, 2008:
T R Ramachandran, Head - Retail Bank, Citibank N.A, India
A career Citibanker, Ram, joined the bank in 1989, and has been one of the founding members of Citi's Global Consumer Group in India. Widely regarded as one of the leading architects of the Cards industry in India, Ram has built a track record of achievements across a wide variety of assignments and has worked in several geographies in key leadership positions including consumer finance, auto loans, personal loans, community banking, and as the Business Head for mortgages and personal loan over the last two decades. In his new role, Ram will lead all of Citibank's retail initiatives as we branch out in semi-urban and rural areas and introduce new business models across segments and products to cater to the evolving needs of Indian customers.
Rahul Soota, Managing Director, CitiFinancial Consumer Finance India Ltd.
Rahul Soota, Head of Retail Banking since November 2005, moves as Managing Director of Citifinancial Consumer Finance India Ltd. Rahul joined the Bank as a Management Associate in 1992 and has worked across a wide gamut of businesses and functions including Financial Control, Personal Loans, Mortgages and Business Lending. As the Head of Retail Banking, Rahul has demonstrated significant leadership by growing the business several times over and in positioning Citibank as the preferred provider for premium banking services and wealth management. In his new role, he will provide leadership to Citifinancial, which is central to Citi's India strategy to serve the emerging middle class across all life stages.
Sandeep Soni, Head, New Strategic Initiatives for Alliances and Partnerships
Sandeep Soni, currently Managing Director of Citifinancial Consumer Finance India Ltd, moves to manage Citi's Alliances and Partnerships from a pan Consumer Bank perspective. Sandeep has been a founding member of Citifinancial, having joined the company in January 1998. A stalwart in the consumer finance industry, Sandeep played a key role in making CitiFinancial the largest NBFC in the country with the widest distribution network and the largest product suite. Under his leadership, the Asian Banker awarded the 'Best Non Banking Financial Institution' to CitiFinancial in 2007. In his new role, Sandeep will lead Citi's initiatives to expand distribution in newer domains and through newer channels.
Announcing these appointments, P.S. Jayakumar, Country Business Manager, Global Consumer Group, Citi India said, " These senior appointments will facilitate in further advancing Citi's continuing growth in India and are in accordance with Citi's global and best-in-class talent management practices to enable growth for its senior executive talent"
About Citi:
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com
Source: Citigroup (Business Wire India)
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