Citi India CEO Pramit Jhaveri said the bank is pleased to appoint a Citi veteran as the new India head of our private bank.

"His expertise in client servicing, product management and experience will further strengthen the business and prove to be an asset in growing our India franchise," Jhaveri added.

Prior to accepting this position, Sameer was the head of retail branch banking business in India where he managed Citi`s network of 42 branches spanning across 30 cities and was accountable for commercial banking and wealth management distribution business originating from the bank branches.

Having 17 years of experience with Citi, Sameer joined Citi as a management associate in 1995 and has held various roles in operations, product management, insurance distribution, mortgages and commercial banking.

Citi Private Bank (CPB) was launched in 2005 in India and owns $217bn of assets under management as well as serves more than 26,000 clients, including one-third of world`s billionaires.