Sameer Kaul has been appointed Citi’s new head of India private banking, the US lender said in a statement yesterday. He replaced Tashwinder Singh and took up his new position on March 1.
Kaul was previously head of Citi’s retail branch operations in India, which made him responsible for commercial banking and wealth advisory businesses throughout the country. Sandeep Bhalla, in another internal move, has now taken over that role.
“With his leadership and proven ability in building businesses, we look forward to Kaul taking the private bank in India to the next level,” said Bassam Salem, Asia-Pacific CEO of Citi Private Bank.