CEO, Citi India
Pramit Jhaveri is the CEO of Citi India. Citi India offers consumers, including non-resident Indians, corporates and financial institutions, a comprehensive range of financial products and services. These include retail banking, mortgages, credit cards, wealth management, insurance, corporate and investment banking, treasury products, foreign exchange, securities brokerage, trade and cash management products, etc.
Citi India employs approximately 16,500 people and serves close to 2.5 million customers ranging from India’s top corporate houses, multinationals operating in India, SME’s, self-employed entrepreneurs, households and individuals. Citi India has leading market shares in a number of areas in India’s banking industry, including foreign exchange, investment banking, cash management, credit cards, e-commerce banking and distribution of mutual funds. In addition, Citi India’s network of five Citi Service Centers serves a wide spectrum of global businesses and functions in areas such as technology, analytics, risk management, operations, decision management, financial control, etc.
Under Pramit’s leadership, Citi India has won a number of awards. The institution has been recognized as Best International Bank and Best International Investment Bank by FinanceAsia, and Best International Bank in India by Asiamoney, and Best Digital Consumer Bank as well as Best Corporate/Institutional Digital Bank by Global Finance in 2018. Last year, Citi India was named Best Bank – Global, Best Corporate and Institutional Bank – Global, Best M&A Advisor and Digital Bank of the Year by The Asset.
Pramit is on the Managing Committee of the Indian Banks Association and is a Director on the Board of the Pratham Education Foundation. He is also on the Advisory Board of Catalyst India and on the Board of Trustees of India Foundation for the Arts.
Pramit joined Citi India in 1987 and his 32 years of banking experience spans across multiple areas of the industry. He has a BCom degree from Sydenham College, Mumbai University, and an MBA in Finance and Economics from the Simon School of Business, University of Rochester, USA, from which he received the 2016 Distinguished Alumnus Award.