Citi India to get second new head since early 2009

Mark Robinson, Citi's head of South Asia for the past 15 months, has left the bank for a senior regional role at ANZ. Investment banking head Pramit Jhaveri is tipped to take over.

Citi's chief executive officer for South Asia, Mark Robinson, has resigned to join ANZ, leaving the bank's key India franchise headless for the second time in the recent past. Pramit Jhaveri, who is vice-chairman of Asia investment banking as well as head of global banking at Citi India, is rumoured to be the frontrunner to replace Robinson.

Robinson was appointed to head Citi South Asia, comprising Citi in India, Bangladesh, Nepal and Sri Lanka, in November 2008 when Sanjay Nayar quit. Nayar was a Citi veteran who had headed the region since 2002. His departure for private equity firm Kohlberg Kravis Roberts Co was widely perceived as a large loss for...

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