Who is Ankur Khuranu - the new Head of Commercial Banking at Citi in India

LiquidationAlert · 2026-02-09T16:16:09+00:00

Ankur Khurana has been appointed as the head of commercial banking at Citi's India branch, bringing over 20 years of banking experience. Citi aims to strengthen its services for India's expanding mid-market sector, offering significant opportunities amid increasing capital markets activity and mergers and acquisitions. This strategic move is part of Citi's broader commitment to support the growth of Indian businesses and facilitate their access to global financial markets. With Khurana's leadership, Citi plans to introduce innovative financial solutions tailored to the unique needs of mid-sized companies, helping them navigate the complexities of the evolving economic landscape. The appointment underscores Citi's dedication to deepening its presence in India and fostering long-term relationships with its clients in the region.

LiquidationAlert

2026-02-09 16:16:09

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What is it called - Ankur Khurana is a person chosen by the Indian branch of the American bank Citi for the leadership position of its commercial banking department. This is a position that had been vacant for a long time, and now it has been filled by a professional with extensive experience in the banking sector.

Twenty Years of Banking Experience

Khurana brings over two decades of practice in the banking industry to his new role. Before becoming the head of commercial banking at Citi, he worked at Standard Chartered Bank, where he served as Co-Chair of Risk Management for the Indian and South Asian markets. This position has been vacant since Bhanu Vohra, a long-time banking veteran, left to join the global consulting firm BDO, where he now works at its Indian office.

Why Citi is Paying Attention to the Indian Mid-Market

The banking group aims to improve its services focused on rapidly developing mid-sized businesses in India. This sector has recently experienced remarkable growth. Particularly, the equity markets and the mergers and acquisitions sector are seeing significant expansion. As Indian companies continue to expand and become increasingly involved in foreign acquisitions, the mid-market sector offers enormous opportunities for financial service providers like Citi. For the bank, this means an opportunity to strengthen its position in the dynamically evolving Indian market and better serve its clients in this key segment.

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