Citi has appointed Rahul Saraf as head of investment banking in India.
Saraf will focus on driving the growth of the bank’s institutional business in this location, drawing on his relationships with Indian conglomerates and other large institutional clients.
He will continue to report to Ravi Kapoor, head of banking, capital markets and advisory for Citi South Asia.
During his 16 years with the New York-based global bank, Saraf has helped build Citi's investment banking franchise in India as managing director, having headed bank coverage across industrial and infrastructure sectors and structured a wide range of deals across M&A, debt capital and equity markets.
In a 26-year career, Saraf has also worked at JM Morgan Stanley and Arthur Andersen.
Saraf is a chartered accountant from the Institute of Chartered Accountants of India and a CFA charterholder.
