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Citi names Ankur Khurana as head of commercial banking in India
New leader to steer mid-market growth as Citi doubles down on India
MUMBAI: Citi has appointed Ankur Khurana as the new head of its commercial banking business in India, effective 9 February 2026, signalling a sharper focus on the segment as a key growth engine in Asia.
Khurana will report to Gunjan Kalra, head of Citi commercial bank for Japan, Asia North and Australia, as well as Asia South, with a matrix reporting line to K Balasubramanian, CEO and banking head for Citi India and the Indian Subcontinent.
In her new role, she will be responsible for driving the strategy, growth and overall performance of the commercial banking franchise in the country. Her remit includes revenue, portfolio quality, capital returns and operating efficiency, along with strengthening cross-border opportunities for clients.
She will work closely with teams across banking, markets, services and wealth to ensure mid-sized and emerging corporates have access to Citi’s global suite of solutions, from cash management and trade finance to foreign exchange and capital markets. The role will also see her partner with investment banking teams to identify joint opportunities and support clients looking at capital market moves or strategic acquisitions.
Commercial banking is central to Citi’s global playbook, catering to mid-sized companies with international ambitions. In India, the franchise has built strong links with the start-up ecosystem and already banks nearly half of the country’s unicorns.
Gunjan Kalra said the segment continues to be a vital growth driver for the bank, adding that India remains one of Citi’s most strategic markets. She noted that Khurana’s experience in building high-performing franchises and her strong client and risk orientation would help deepen regional connectivity and strengthen the India business.
K Balasubramanian said India’s mid-market and emerging corporate space is entering a phase of rapid expansion, with more companies tapping capital markets and exploring overseas growth. He added that Khurana’s client relationships and disciplined financial approach would be crucial as the bank scales up in this segment.
Khurana brings more than two decades of global banking experience across corporate and investment banking, client coverage, financing, markets and transaction banking. Most recently, she was managing director and co-head of client coverage for India and South Asia at Standard Chartered. Her career has also included senior roles at Credit Suisse, JPMorgan and ICICI Bank.
She holds an MBA in finance and marketing from XLRI Jamshedpur, where she was a double gold medallist, and a Bachelor of Commerce degree from the University of Delhi.
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Info Edge reshuffles senior roles, Ambrish Singh to 99acres, Bhisham Dhingra to lead Shiksha strategy
Leadership changes at Shiksha and 99acres aim to drive sharper growth focus
MUMBAI: Info Edge (India) Limited has approved an internal reorganisation of its education and real estate verticals, setting the stage for leadership changes aimed at sharpening execution and accelerating growth. The move, cleared by the board on April 14 through a circular resolution, will come into effect from May 1, 2026.
The restructuring impacts the company’s Shiksha and 99acres businesses, two key pillars in its portfolio, and involves role changes for senior management personnel. As part of the reshuffle, Ambrish Kumar Singh, previously executive vice president and head of sales and customer delivery for Shiksha, has been redesignated as executive vice president and head of sales and sales enablement at 99acres. A long-time company leader since 2003, Singh is expected to focus on boosting business performance, strengthening client relationships and building high-performing teams in his new role.
Meanwhile, Bhisham Dhingra, who led sales and customer delivery at 99acres, will now take on an expanded mandate as head of sales, strategy and client delivery for Shiksha. With over two decades of experience across global and Indian organisations, Dhingra will spearhead growth strategy, corporate sales and client engagement for the domestic education vertical.
Both executives will continue as senior management personnel, albeit with revised responsibilities aligned to the company’s broader restructuring goals.
Info Edge said the changes are part of ongoing efforts to leverage leadership expertise across business lines and improve operational effectiveness. The company added that the reshuffle is designed to drive stronger outcomes by aligning talent with evolving business priorities.
As Info Edge continues to fine-tune its structure, the latest leadership moves suggest a clear intent to keep its core platforms nimble, competitive and ready for the next phase of growth.
