Citigroup India Appoints Ankur Khurana to Lead Commercial Banking

• Citigroup India has hired Ankur Khurana as the new head of commercial banking.
• The appointment aims to strengthen Citigroup's business with India's growing mid-sized companies.
• Khurana brings over two decades of banking experience, previously serving as co-head of coverage for India and South Asia at Standard Chartered Plc.
• The position became vacant after Bhanu Vohra's departure in July to join BDO India.
• The move comes as dealmaking and M&A activity are increasing in India, presenting opportunities in the mid-market segment.

Why It Matters: Citigroup India hires Ankur Khurana to boost its commercial banking focus on mid-sized companies.