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Citibank began operations in 1902 in Calcutta ().[1] [2]In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3]In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. [3] The bank has branches in 19 countries.
In 1982 and at the age of 22, Gupta started his career at Citibank India as a management trainee. [6] He did several assignments with Citibank India, eventually being the chief-of-staff to the India head. He moved to Singapore in 1991 as the chief-of-staff to the Asia head, and was posted to Indonesia in 1998, as country manager.
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He served as Citi’s India CEO from 2010 to 2019 and is the longest-serving India chief of the bank. [1] Prior to his role as CEO, Pramit set up Citi’s investment banking business in India. In 2019, he was elevated to the position of Vice Chairman - Banking, Capital Markets and Advisory (BCMA), Asia Pacific, Citi with the responsibility of ...
He was born in Pune, India on 14 May 1947, [3] the son of Manuel Menezes, who was the chairman of the Indian Railway Board. His younger brother Ivan Menezes was CEO of Diageo. [4] He received his degree in electrical engineering from the Indian Institute of Technology, Bombay in 1970. He received an MBA from the MIT Sloan School of Management ...