BWI: Citi Appoints Rajiv Nayar Head of Capital Markets Origination for India

Press release from Business Wire India
Source: Citi
Thursday, June 03, 2010 12:43 PM IST (07:13 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst
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Citi Appoints Rajiv Nayar Head of Capital Markets Origination for India


Hong Kong S.A.R and Mumbai, Maharashtra, India, Thursday, June 03, 2010 -- (Business Wire India) -- Citi has appointed Rajiv Nayar as head of Capital Markets Origination (CMO) for Citi in India, leading the team that helps originate and execute debt and equity transactions for Citi's clients in India. Rajiv will report to Ken Poon, head of Asia Pacific Capital Market Origination and Ravi Kapoor, head of Global Banking India.

"I am delighted that we are able to bring someone with Rajiv's experience back to India. It is a testimony to the extraordinarily strong talent pool that exists within Citi globally and the importance of Citi's India franchise," said Pramit Jhaveri, CEO for Citi India.

"We have a leading franchise and capital market business in India and are confident that under Rajiv's leadership our capital market business in India will grow significantly and achieve new heights," said Ravi Kapoor.

"Rajiv's extensive experience of working across many businesses and products globally shall further strengthen our Indian franchise and add value to our clients' needs in India," said Ken Poon.

Offering both local and international solutions to clients, Citi is a leading underwriter of debt and equity transactions in India and over the last 12 months has raised close to US$20bn for Indian clients from debt and equity markets, according to data from Dealogic.

Rajiv has extensive experience working with clients in Asia, including India. Until recently, Rajiv was a Managing Director in the Leveraged and Acquisition Finance Team within Citi's Asia Pacific Capital Markets Origination Group in Hong Kong. During this period he lead a number of landmark debt transactions in the region including the financing of the acquisition of Corus plc by Tata Steel and the refinancing of the Jaguar Land Rover acquisition facilities for Tata Motors.

Rajiv is currently the Head of Citi's Capital Management Group within Global Banking for Asia Pacific where he is responsible for the management and deployment of capital for institutional clients in the region as well as oversight of debt transactions for Global Banking within the region.

Rajiv joined Citi in India at the end of 1984 and has over the last 25 years worked in a wide range of coverage and product roles within Citi including Corporate Banking, Corporate and Project Finance and Portfolio Management in India, London and Hong Kong.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.


CONTACT DETAILS
James Griffiths, Citi, +852 2868 7668, james.a.griffiths@citi.com
Debasis Ghosh, Citi, +91 (22) 40015009, debasis.ghosh@citi.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst

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