Global investment firm Kohlberg Kravis Roberts & Co (KKR) has appointed Tashwinder Singh, a former Citigroup official, as director of its India-based unit.
In his new role, Singh, who has worked with Citigroup India for over 18 years, will identify and develop strategic partnerships to grow KKR's private equity and non-banking finance operations in India, KKR said in a statement.
Commenting on the appointment, Sanjay Nayar, Member of KKR and CEO of KKR India said: "The increasing need for strategic capital has led us to partner with and provide multi-asset solutions to promoters helping them scale-up growth."
Tashwinder’s depth of experience and relationships with high potential businesses across India will strengthen our efforts in establishing partnerships with promoters who share our philosophy and gain from the long-term value and operational benefits we seek to provide, he said.
A Citigroup veteran and Managing Director, Singh was the Business Head, Commercial Banking before moving on to lead the company’s private bank.
KKR India has 15 investment professionals based in Mumbai, focusing on both private equity and non-banking financial services.