Financial services major Citigroup has made some key senior-level appointments across strategy, risk, HR and legal functions.
According to a company statement, Anuratna Chadha has been made the head of strategy for India with additional responsibility for Citi’s microfinance business in the country. Stephen Cronin has been named as Head of Human Resources for the India cluster while Piyush Agrawal is the Head of Risk for Citi’s Institutional business in the India Cluster. In the legal function, Sandip Beri has been named as Head of Legal for Citi India and Munish Nagpal as Legal Head of Citi’s Capital Markets Origination and Global Banking businesses in India.
While Chadha, Cronin and Agrawal are from within Citi itself, Beri and Nagpal joined the firm from GE Capital and Clifford Chance, a global law firm, respectively.
Anuratna Chadha has been with Citi for over 19 years in various roles in India & South Africa. Most recently he managed the India Citi Private Bank. In his new role, Chadha will work towards the strategic growth and development of Citi’s India franchise and also lead Citi’s microfinance group in India, and assume responsibility for building and driving the firm’s microfinance and rural business and strategy.
Piyush Agrawal, the new head of risk, succeeds veteran Citibanker Jose Joseph who is moving to New York to become the Head of the Technology, Media and Telecom (TMT) team. Agrawal was most recently in Citi’s Global Risk Oversight organization in New York where he was involved in a variety of firm-wide strategic initiatives. He joined Citi in 2001 and has worked with the global power coverage team as well as in several senior roles across the consumer and commercial risk organizations.
Stephen Cronin, the India cluster HR head, was the country HR officer of Citi in Japan prior to this new role. Stephen began his career with Citi in 1995 as an HR generalist and has served as HR Head for Citi in Singapore and in Europe covering Citi’s global transaction services business.
Sandip Beri, who has been named legal head for Citi India, comes from GE Capital and has over 25 years of financial services legal experience. And, Munish Nagpal, who joins Citi from Clifford Chance, has over eight years experience as a lawyer, and knowledge on a broad range of cross-border capital markets transactions, the company statement said.