MUMBAI : Citi on Tuesday introduced the appointment of Aditya Bagree as the pinnacle of markets for Citi India and the South Asia cluster, consisting of Sri Lanka and Bangladesh. Bagree replaces Badrinivas NC (Badri), who was just lately appointed as the pinnacle of markets treasury for Citi, Asia Pacific.
Bagree will report back to Ashu Khullar, Citi India CEO and area head South Asia, and Julia Raiskin, Asia Pacific head of markets, Citi. His obligations embrace creating and implementing regional product supply methods for India and the South Asia cluster, main senior regulatory and shopper relationships within the area, and establishing a powerful danger administration self-discipline and tradition. He’s additionally now a part of the Citi Management Crew for India in addition to the Asia Pacific markets working committee. Bagree has additionally taken on the nation treasurer duty from Badri within the interim interval.
Since becoming a member of Citi India in 2011, the financial institution stated, Bagree has held numerous essential senior management positions the place, most just lately, he was the pinnacle of Asia native company credit score buying and selling and world unfold merchandise in India.
In the meantime, Badri, in his new function as the pinnacle of markets treasury for Citi, Asia Pacific, is answerable for overseeing the administration of markets treasury exercise throughout Asia Pacific inside permissible regulatory and inner frameworks and danger tolerances throughout the area’s authorized automobiles.
“Badri has 25 years of banking expertise throughout merchandise (belongings & liabilities) and features (operations, product, advertising, gross sales and treasury). Badri might be relocating to Singapore,” the financial institution stated.
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