Citibank India has appointed Arvind Vashistha from UBS Investment Bank, as head of equity capital markets, the company said in a release. He will work out of the bank's Mumbai office.
In this role, Vashishtha will be responsible for the equity origination & execution business for Citibank India and will report to Ravi Kapoor, head of corporate and investment banking for Citibank India, and Kenneth Poon, head of Asia Pacific capital market origination, based in Hong Kong.
At UBS, he was working as executive director, global capital markets, since 2006. In this role, he originated and executed transactions of over $25 billion in more than 60 equity transactions across all products formats, sectors and markets.
He joins Citibank after corporate lawyer-turned-banker Bhavna Thakur resigned earlier this year.
Vashishtha, a Chartered Accountant, holds a B Com degree from Sydenham College of Commerce and Economics, Mumbai.
Citibank India offers a diversified product basket to clients across industries. The bank has around 200 million customer accounts and does business in more than 160 countries and jurisdictions.
(Edited by Joby Puthuparampil Johnson)