Ashish Bajaj becomes South Asia head of Citi's commercial banking, global subsidiaries business

Ashish Bajaj has been appointed head of Citibank’s commercial banking and global subsidiaries business for South Asia.  In this role, he will lead unified client coverage across small and mid-market enterprises and subsidiaries of global corporates in India, Bangladesh and Sri Lanka.

Bajaj will continue to report to Sanjay Nayar, CEO of South Asia. Additionally, he will report to Farhan Faruqui, Asia-Pacific head of corporate and commercial banking.

Bajaj is a 21-year Citi veteran and has worked in several senior positions in New York, London and India. He has built up a wealth of experience in the cash management and trade businesses since he joined the bank in 1987. From 2003, he has been heading Global Transaction Services (GTS) for South Asia and under his leadership; the GTS business has grown six-fold in as many years.