Citigroup names veteran Pramit Jhaveri as India head

Citigroup on Monday named company veteran Pramit Jhaveri as the new head for its India business, replacing Mark Robinson, who the bank said had decided to pursue an opportunity outside the firm.

Jhaveri, who was previously head of global banking and vice chairman of Asia investment banking, will oversee all of Citi's businesses in India, including the institutional clients group, consumer banking and wealth management businesses.