Citi has appointed Rajeev Mantri as the Chief Financial Officer (CFO), Citi India, and Cluster Finance Head, South Asia, effective October 5, 2021. Rajeev takes on the role from Niraj Parekh, who will move to New York as the Head of Financial Planning & Analysis for the Institutional Clients Group.
In this role, Rajeev will be based in Mumbai, and responsible for the Finance function, overseeing business planning and strategy, balance sheet management, financial controls, reporting and tax matters and will focus on delivering the financial plan, while working closely with key stakeholders on franchise-level matters in India. In addition, Rajeev will also provide governance and oversight on the Finance function of Sri Lanka and Bangladesh.
Rajeev will report to Ashu Khullar, CEO, Citi India and Tim Monger, Asia Pacific CFO, Citi.
Rajeev is a Chartered Accountant and has over 23 years of experience in the Finance function across India, UAE and Singapore. He has an Executive MBA from INSEAD business school, Singapore. Prior to this appointment, he was the CFO at TransUnion CIBIL. He has also worked at Standard Chartered Bank in several senior Finance roles across wholesale banking, retail banking, financial controls, regulatory reporting, cost and balance sheet management.