aviva-india-poaches-senior-citibanker-as-ceo

Aviva India poaches senior Citibanker as CEO

In a surprise move, the head of Citi India retail bank TR Ramachandran resigns and switches to the insurance sector.
Aviva Life Insurance has poached high-level Citibanker TR Ramachandran as the CEO for its Indian operations.

Ramachandran succeeds Bert Paterson who has led Aviva India since September 2006. Ramachandran is the first Indian professional to head the insurance companyÆs operations in India which commenced business in 2002.

Ramachandran is a veteran Citibanker with experience across credit cards, assets, commercial and retail banking over the last 19 years. Most recently he was head of retail banking for the US bank with responsibility spanning wealth management, branch banking, investments and insurance, consumer assets and the non-resident Indian business.

ôAviva in the Asia-Pacific region has a growth target of 20% on a year-on-year basis and India is expected...
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