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Citi India Appoints Sandeep Bhalla as Head of Cards Business

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Citi India Appoints Sandeep Bhalla as Head of Cards Business

Mumbai, Maharashtra, India

Citi India's Global Consumer Group today announced the appointment of Sandeep Bhalla as Head of Credit Cards for Citibank India. A senior consumer financial services executive with a strong background in both consumer assets and retail businesses, Bhalla, who has been with Citi for 6 years, has worked in the US, in the Cards business, and in Asia, across several consumer businesses. In his new role, he will report to P.S. Jayakumar, Country Business Manager, Global Consumer Group, Citi India.

"We have a strong and rapidly growing cards business that has set the benchmark in India. Sandeep has the ideal mix of developed and emerging markets experience in our cards business to build on that growth, expand our cards footprint and drive innovation to improve on customer satisfaction," said Jayakumar.

Bhalla, 38, has a Masters degree in Mathematical Statistics from the University of Maine and an MBA from Drexel University.

Citibank pioneered the credit cards business in India and has one of the largest numbers of credit cards in use. Over the last 15 years, Citi has worked very closely with customers to understand their financial needs and lifestyle requirements. Today, Citibank offers the most comprehensive portfolio of best-in-class products that aim to provide customers with a "card for every reason".

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

godwin.chellam@citi.com sudeep.bhalla@citi.com

Source: Citi (Business Wire India)

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