Citigroup has appointed Ankur Khurana as head of Citi Commercial Bank in India, as reported by The Economic Times. This strategic move underscores the US lender's commitment to strengthening its full-service commercial banking franchise across Asia. The appointment represents a significant leadership change within Citi's Indian operations, with Khurana now serving as Managing Director & Business Head – Commercial Banking at Citi India. In her new role, Khurana will lead Citi India's commercial banking franchise, driving strategic growth across corporate and institutional client segments, while strengthening client partnerships and delivering integrated financing and transaction banking solutions.
Khurana brings over two decades of experience advising Indian firms across corporate and investment banking, according to The Economic Times. Her extensive background includes senior leadership roles at Standard Chartered and Credit Suisse. Most recently, she served as managing director and co-head of client coverage for India and South Asia at Standard Chartered before joining Citi. With an impressive career spanning senior leadership roles at Standard Chartered—including Co-Head, Corporate & Investment Banking, Client Coverage for India & South Asia—along with experience at Credit Suisse, J.P. Morgan, and ICICI Bank, Khurana brings deep expertise in structured finance, capital markets, corporate banking, and risk management.
The appointment is part of Citi's broader strategy to strengthen its commercial banking presence across Asia, as reported by The Economic Times. Khurana's expertise in advising Indian firms is expected to be crucial in bolstering Citi's presence and client coverage in the region. This leadership change reflects the bank's focus on expanding its commercial banking services in the Indian market, with her appointment positioning Citi to deliver comprehensive banking solutions to corporate and institutional clients while creating lasting impact through leadership and innovation in India's commercial banking sector.
