One more Indian breathes the rarefied air on the near-summit of a foreign bank — Anand Selvakesari at the helm of Citigroup’s global consumer banking division. A career Citibanker (sign-up year: 1991), he came into the spotlight as the person who rewired the New York-based financial behemoth’s Indian retail operations in July 2011. In hindsight, this was the runway for the lift-off into the higher orbits of Citi — as head-consumer banking for Asean and as chief executive officer (CEO) of its US consumer banking business since 2018.
It was a time when Citigroup was going through big changes in the