Citi South Asia Chief Quits

The Statesman:

Global financial giant Citi today said its South Asia chief Mr Sanjay Nayar had quit the bank and had been replaced by Mr Mark Robinson.

“Mr Mark Robinson has been appointed chief executive officer of Citi South Asia… Mr Robinson succeeds Mr Sanjay Nayar, who is leaving the firm to pursue other opportunities,” Citi said in a release.

Mr Robinson, it says, will operate from India’s financial hub Mumbai and will look after Citi’s banking franchisee in India, Sri Lanka and Bangladesh. He is a Citi veteran, who has spent most of the time in emerging markets.

Mr Sanjay Nayar is joining Kohlberg Kravis Roberts & Co as its CEO and country head.