He will be based in Mumbai and handle the equity origination & execution business of the leading US lender.
Vashistha will report to Ravi Kapoor, head of corporate and investment banking at Citi India, and Kenneth Poon, chief of Asia Pacific capital market origination, Hong Kong, the foreign lender said.
Prior to joining Citi, he was executive director for global capital markets at UBS Investment Bank India, a post he held since 2006. In this role, he originated and executed transactions of over USD 25 billion in over 60 equity transactions.