Niraj Parekh to be Citi's finance head for Indian subcontinent

American bank Citi today said it has appointed Niraj Parekh as the head of finance for its operations in India, Sri Lanka and Bangladesh.
Parekh, the India Subcontinent Cluster Financial Officer, replaces Abhijit Sen, who has retired from service, Citi said in a statement.
He will be reporting to its country head for India, Pramit Jhaveri, and also Mark Hart, the Regional Chief Financial Officer for Asia-Pacific.
Parekh will be overseeing business planning and strategy, financial planning and policies, balance sheet management, financial controls and reporting and tax matters, it said.
After joining the bank as a management associate in the US in 2000, Parekh has held several roles in Singapore and New York, including as head of corporate mergers and acquisitions in Asia, and was working as the head of financial planning and analysis for India.