WHOLESALE BANKING | Staff Reporter, India

Citi names K Balasubramanian as head of corporate banking for the Indian subcontinent

Citi announced the appointment of K Balasubramanian (Bala), as Head of Corporate Banking, Indian subcontinent, comprising of India, Bangladesh and Sri Lanka, effective December 1, 2017.

Bala, who started his career as a Management Associate at Citi in 1996, is a seasoned Citi veteran of 20 years. He is a commerce graduate from Calcutta and holds a Chartered Accountant and ICWA degree.

Bala was the Head of India Local Corporate Bank for Citi, prior to joining HDFC Bank as Head of Corporate Banking in May 2016.

In his new role, Bala’s focus will be to continue the strong growth momentum in corporate banking across the Indian subcontinent, while driving new initiatives around Structured Trade, Commodities, Payments, and Small Finance Banks for Citi.

Citi India’s Corporate Banking is a leading provider of financial services to local Indian corporates, public sector and government institutions, financial institutions and MNC’s operating in India, serving the financial needs of the country’s prominent corporations and financial institutions. Bala's client connectivity and deep expertise of the Citi platform will be critical to the franchise’s success.

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