Citi India has appointed Srini Kannan to lead its Commercial Bank’s Digital, Technology, Communication, Business & Professional Services, and Industrials sectors effective December 2025. With extensive experience from JPMorgan, Kannan will drive Citi’s market presence across key industries and enhance client solutions leveraging a global network of 94 countries.
Srini Kannan Takes Charge of Citi Commercial Bank’s Key Sectors in India
Citi India announced the appointment of Srini Kannan as Head of Digital, Technology, Communication, Business & Professional Services, and Industrials for Citi Commercial Bank (CCB) in India, starting early December 2025. Kannan’s mandate includes expanding Citi’s footprint across these high-growth sectors and delivering innovative banking solutions tailored to mid-sized corporate clients.
Bringing over two decades of experience, Kannan was most recently the Head of Innovation Economy and Venture Capital coverage at JPMorgan India, where he led initiatives for founder-led and VC-backed enterprises. His expertise spans equity, debt, mergers and acquisitions, financing, risk management, and payments.
At Citi, Kannan will focus on leveraging Citi’s global network encompassing over 94 countries, providing strategic advisory services and unlocking investment banking opportunities. His role will be pivotal in executing the bank’s industry coverage strategy aimed at optimizing wallet share and driving returns in India’s vibrant startup and corporate ecosystem.
Gunjan Kalra, regional head of CCB, expressed confidence in Kannan’s abilities to accelerate Citi’s growth by intensifying sector coverage. K Balasubramanian, CEO of Citi India, praised the appointment as a significant booster for Citi’s expanding franchise, highlighting Kannan’s deep ties to India’s unicorn ecosystem and future growth verticals.
Key Highlights and Takeaways
Leadership Role: Srini Kannan to lead multiple high-growth sectors in Citi Commercial Bank India starting December 2025.
Industry Focus: Digital, Technology, Communication, Business & Professional Services, and Industrials.
Prior Experience: Former Head of Innovation Economy and Venture Capital at JPMorgan India with deep expertise in equity, debt, M&A, and payments.
Strategic Goals: Enhance Citi’s market presence, leverage a global network, and unlock investment banking opportunities.
Endorsements: High praise from senior Citi executives citing Kannan’s proven track record in servicing high-growth companies and expanding corporate banking coverage.
Client Impact: Support for mid-sized corporates and startups, including nearly half of India’s unicorns, aiming for premium client solutions and long-term partnerships.
Conclusion
Srini Kannan’s appointment marks a strategic inflection for Citi India’s Commercial Banking unit, reinforcing its commitment to technology-driven sectors and growing startups. His vast experience and global outlook will enable Citi to deepen client relationships and scale solutions in India’s dynamic market landscape.
Sources: Business Standard, Best Media Info, Finextra, Medianews4u