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Citi India has appointed Niraj Parekh as India Subcontinent Cluster Finance Officer to overlook the finance functions across India, Sri Lanka and Bangladesh.
Parekh has replaced Abhijit Sen, who retired after spending over 20 years with Citi.
Parekh will report to Pramit Jhaveri, CEO of Citi India, and Mark Hart, APAC Regional CFO, Citi.
Based in Mumbai, he will be responsible for various areas of management across India franchise, with emphasis on business planning and strategy, financial planning and policies, balance sheet management, financial control and reporting and tax matters, the foreign lender said in a statement today.
Parekh had joined Citi in 2000 as a Management Associate with Citi, USA, and has been with the group for over 15 years, including his stint at New York and Singapore and Head of Corporate M&A in Asia. Since 2012, he has been Head of Financial Planning & Analysis for India.
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