Ashu Khullar Appointed Global Co-Head of GAM, K Balasubramanian Named India CEO

Ashu Khullar has been appointed as the global co-head of Global Asset Managers (GAM) at Citibank. Based in London, he will oversee operations across Europe, the Middle East, and Asia, focusing on expanding strategic partnerships and managing key financial relationships. His leadership in India was marked by significant business growth and operational advancements, positioning him as a key figure in the bank’s global strategy.

K Balasubramanian has been appointed as the Chief Executive Officer of Citibank India, subject to regulatory approvals. With an extensive career at Citibank spanning nearly three decades, he has played a crucial role in corporate banking across South Asia and ASEAN markets. His expertise in financial strategy and business development will be instrumental in driving Citibank’s growth in India.

In his new role, Ashu Khullar will collaborate with Anthony Diamandakis, who leads GAM operations in North America. Together, they will focus on strengthening Citibank’s global asset management strategies and resource allocation. Additionally, he will join the bank’s global investment banking operating committee, contributing to its broader financial initiatives.

K Balasubramanian’s career includes a brief tenure at HDFC Bank, where he led corporate banking and government business before rejoining Citibank to oversee corporate banking for South Asia. His recent relocation to Singapore was a strategic move ahead of his appointment as India CEO.

With these leadership transitions, Citibank aims to enhance its global and regional operations, reinforcing its position in the evolving financial landscape.

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