Citi has promoted Keshav Sanghi to head of equities for India within two months of his joining the US bank.
Sanghi joined Citi in January 2010 as head of sales and deputy head of equities for India. His rapid promotion comes on the heels of the departure of Nikhil Nagle.
Citi veteran Nagle moved from Hong Kong, where he led Citi's South Asian trading desk, to Mumbai in early 2009 to take on the position as head of equities. Nagle has now left banking to devote himself to a foundation that will increase awareness about India's wildlife, forests and tribal population provide assistance to various individuals and organisations governmental and otherwise in their battle...