Citigroup today announced the appointment of Jeegar Shah as the new CFO for its India franchise, effective June 1, 2024.
In this role, Shah will serve as the single point of contact for all financial matters in India. He will also be responsible for providing strategic financial management support to Ashu Khullar, Citi Country Officer for India and Head of Banking for Indian Sub-Continent.
Shah brings over 19 years of experience in various financial roles at Citi, including financial and regulatory reporting, audits, regulatory examinations, and driving strategic finance initiatives across the company’s businesses. He has been serving as the Interim CFO for India since February 2024.
Shah is a Chartered Accountant from the Institute of Chartered Accountants of India and holds a master’s degree in commerce from the University of Mumbai. Prior to his interim CFO role, he served as the Cluster Controller for Citi’s South Asia Cluster.
Citi has been present in India for over 120 years and is considered a leading financial institution with a strong local presence backed by a vast global network. The company offers a wide range of financial products and services to its clients in India.
