Indian origin Anand Selva appointed chief operating officer of Citigroup

Heading consumer banking in India in 2011-2014

Indian origin Anand Selvakesari, who is the chief executive – personal banking and wealth management -- at Citigroup, has been given the additional charge of chief operating officer (COO) of the United States headquartered bank.

“Anand Selvakesari will become Citi’s chief executive officer with immediate effect…and continue to lead personal banking and wealth management,” an internal note issued by the bank on March 22, said.

Anand Selva – as he is known in the banking circles – is a 32-year Citibank veteran, will be taking over the role from Karen Peetz, who plans to retire in May.

Selva, who is