Citi has hired Pankaj Vaish as head of markets for South Asia, it said in a release Friday. Citi didn't explicitly point this out, but Vaish is seemingly being brought on board to replace V Srikanth, Citi's previous head of markets for South Asia, who was reported last week to be leaving for a new challenge as deputy chief financial officer of Reliance Industries, the Indian oil, gas and petrochemicals company led by Mukesh Ambani.
Vaish joins from Nomura Securities where he was a managing director and head of equities. He has more than 19 years of capital markets experience across product lines and, according to the release, has in-depth knowledge of hedge funds. He...
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