Ashu Khullar, Citi’s India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India’s CEO, pending RBI approval. During Khullar’s tenure, Citi’s revenue grew significantly, reflecting his effective leadership.
IPO-bound Flipkart shifts domicile to India
IPO-bound Flipkart has shifted its domicile to India, having secured government nod for an internal restructuring that now makes Flipkart Internet the holding entity of