 "Citi appoints Arjun Chowdhry as acting head of consumer banking in India")
Citigroup has appointed Arjun Chowdhry as the acting head of its consumer banking business in India, officials said on Thursday.
Chowdhry, who has been with Citi for 25 years, currently serves as the head of credit cards, payments and unsecured lending for the American bank in India.
The appointment was necessitated after Shinjini Kumar, the head of the consumer banking business, stepped down.
When contacted, a Citi spokesperson confirmed the development.
"We confirm that Chowdhry, cards and unsecured lending head, GCB India, will assume the additional responsibility of acting consumer business manager effective October 1," the spokesperson said.
As per the bank's website, Chowdhry has previously served as the chief operating officer of the consumer business.
An alumnus of St Stephen's College and IIM Bangalore, Chowdhry had joined Citi as a management associate, as per the website.
Chowdhry, who has been with Citi for 25 years, currently serves as the head of credit cards, payments and unsecured lending for the American bank in India.
The appointment was necessitated after Shinjini Kumar, the head of the consumer banking business, stepped down.
Also Read
"We confirm that Chowdhry, cards and unsecured lending head, GCB India, will assume the additional responsibility of acting consumer business manager effective October 1," the spokesperson said.
As per the bank's website, Chowdhry has previously served as the chief operating officer of the consumer business.
An alumnus of St Stephen's College and IIM Bangalore, Chowdhry had joined Citi as a management associate, as per the website.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%