Citi hires Pankaj Vaish as head of markets for South Asia

The former head of equities at Nomura rejoins Citi as the US bank's previous head of markets for South Asia is said to be moving to Reliance Industries.

Citi has hired Pankaj Vaish as head of markets for South Asia, it said in a release Friday. Citi didn't explicitly point this out, but Vaish is seemingly being brought on board to replace V Srikanth, Citi's previous head of markets for South Asia, who was reported last week to be leaving for a new challenge as deputy chief financial officer of Reliance Industries, the Indian oil, gas and petrochemicals company led by Mukesh Ambani.

Vaish joins from Nomura Securities where he was a managing director and head of equities. He has more than 19 years of capital markets experience across product lines and, according to the release, has in-depth knowledge of hedge funds. He...

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