Citi appoints Anand Selvakesari as Head of Consumer Banking Asia Pacific
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Citi has appointed Anand Selvakesari as head of consumer banking for Asia Pacific. Anand will manage all of Citi’s consumer businesses in Asia across the 12 markets that Citi offers retail banking, wealth management, cards and mortgages in the region.
Anand will report to Stephen Bird, Citi’s CEO for Global Consumer Banking and also has a matrix reporting line into Francisco Aristeguieta, Citi’s Asia CEO.
Anand’s appointment is effective July 1 and he is taking over from Jonathan Larsen. Jonathan will focus on his role as global retail banking and mortgage head with the additional responsibilities of US Retail Banking and Mortgage.
During his 23-year Citi career, Anand has led Citi’s consumer bank in China and India and was most recently Southeast Asia Cluster head for Consumer Banking.
He was formerly Head of Consumer Banking for ASEAN & India. In this role he took charge of in December 2013, Anand was responsible for the consumer banking businesses in the ASEAN cluster, including Singapore, Malaysia, Indonesia, Philippines, Thailand and Vietnam as well as India.
A Citi veteran, Anand began his career in India in 1991, and has been the India Consumer head. Prior to his role in India, Anand was Head, Consumer Banking, Citi China from 2008. He served as the Retail Banking Head in Taiwan from 2004 to 2006 and eight years in regional roles in Singapore, where he held various positions in Investments, Wealth Management and Retail Banking from 1996 to 2004.
Questions & Answers
Q.What will Anand Selvakesari's responsibilities entail in his new role?
What will Anand Selvakesari's responsibilities entail in his new role?
Anand will manage all of Citi’s consumer businesses across the 12 markets in Asia. This includes retail banking, wealth management, cards, and mortgages within the region.
Q.Who will Anand Selvakesari report to in his new position?
Who will Anand Selvakesari report to in his new position?
Anand will report directly to Stephen Bird, Citi’s CEO for Global Consumer Banking. He also has a matrix reporting line into Francisco Aristeguieta, who is Citi’s Asia CEO.
Q.What is Jonathan Larsen's new focus following this appointment?
What is Jonathan Larsen's new focus following this appointment?
Jonathan Larsen will concentrate on his role as global retail banking and mortgage head. He is also taking on additional responsibilities for US Retail Banking and Mortgage.
Q.Which specific regions has Anand Selvakesari previously managed in his career at Citi?
Which specific regions has Anand Selvakesari previously managed in his career at Citi?
Anand has led Citi’s consumer bank in China and India. Most recently, he was the Southeast Asia Cluster head for Consumer Banking, covering countries such as Singapore, Malaysia, Indonesia, Philippines, Thailand and Vietnam, as well as India.
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