Mumbai, Maharashtra, India and Hong Kong S.A.R, Thursday, July 15, 2010 -- (Business Wire India)



Citi has appointed Pankaj Vaish as Head of Markets for Citi in India, Bangladesh and Sri Lanka, with responsibilities for the fixed income, currencies, credit, commodities and equities businesses. Pankaj will report to Rodrigo Zorilla, Head of Global Markets at Citi Asia Pacific and to Pramit Jhaveri, CEO at Citi India.

"We are delighted to have someone with Pankaj's experience and expertise join us as a very key member of our management team and to lead all of our Markets businesses in India, Bangladesh and Sri Lanka" said Pramit Jhaveri, CEO at Citi India. “I am confident that under Pankaj’ leadership we will further build on the existing momentum. His extensive experience in markets and trading, complemented by his client relationships will help us build on the robust markets business created by the team under the strong leadership of Srikanth," said Rodrigo Zorilla, Head of Global Markets at Citi Asia Pacific.

Pankaj joins Citi from Nomura Securities where he is a Managing Director and Head of Equities. Pankaj has over 19 years of capital markets experience across product lines and possess in-depth knowledge of hedge funds. Prior to that, he has worked in Citi New York and his last designation was MD, Proprietary Trading. Earlier in his career with Citi, he was responsible for the North America Equity Derivatives Trading & Structuring, Global Commodity Derivatives and Fixed Income Derivatives Trading activities. He also managed the Global Hybrid Options desk and Credit Derivatives trading. He has a Master of Science in Management (Sloan School) as well as Bachelor's degree in Economics from the Massachusetts Institute of Technology.


About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides 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, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com