Citi's Ashu Khullar to become GAM co-head

FinanceAsia understands that Ashu Khullar, currenty chief executive officer at Citi India and Indian subcontinent sub-cluster banking head, is set to partner with Anthony Diamandakis in a new role to serve together as co-heads of Cit's global asset managers GAM business.

As a result, according to a company memo seen by FA, K. Balasubramanian Bala has been appointed India subcontinent sub-cluster banking head and India Citi country officer CCO banking head BH designate, reporting to Amol Gupte, head of Asia South and banking head, subject to regulatory approval from the Reserve Bank of India RBI.

Bala joined Citi in 1996 and has held many...