Rahul Saraf, Rainmaker from Citi, becomes the new I-Banking Director

Citi announced a change in leadership at its investment bank in India and appointed its senior banker and managing director, Rahul Saraf, as director of the country’s investment banking.

In this new role, Saraf will support the growth of the franchise company’s renewed focus on institutional business and leverage its close relationships with major Indian conglomerates such as Reliance Industries, Tata Group, JSW, Aditya Birla Group, Adani and others. to report to Ravi Kapoor, Head of Banking, Capital Markets and Advisory (BCMA), Citi South Asia, the company said in an official statement on Thursday.
With 26 years of experience, including 16 at Citi, Saraf, 46, joined Citi India in June 2005 and has been involved in several large transactional businesses at MandA, Equity and Debt Capital Markets, including the acquisition of Cairn for $ 10 billion for Vedanta. , IndiGo IPO, ONGC acquisition of HPCL, Saudi PIF investment in Jio and also work on Aramco Reliance 02C investment.
Saraf’s expertise spans a wide variety of sectors, from energy, chemicals, metals / mining, energy, renewable energies, mobility to transportation, ports, airports and highways. Years in taxes, orders and business consulting. He then switched to JM Morgan Stanley

Saraf for 5 years as an associate, who says he has a weakness for cucumber sandwiches from his favourite coffee and loves sweets, is a Chartered Accountant and CFA and alumnus of the Shri Ram College of Commerce, Delhi, according to his LinkedIn -Profile.

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