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05 Dec 2025 23:02

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Citi ropes in Srini Kannan as head of digital, tech for its commercial biz

Citi ropes in Srini Kannan as head of digital, tech for its commercial biz

Citi India today announced the appointment of Srini Kannan as the Head of Digital, Technology, Communication, Business & Professional Services, and Industrials for Citi Commercial Bank (CCB) in India with effect from early December 2025.

Srini will be responsible for driving CCB’s market presence in India across these key industries. He will focus on leveraging Citi’s global network, across more than 94 countries, and serve as a strategic advisor to CCB’s clients in India. He will also focus on unlocking investment banking opportunities and support the execution of the bank’s industry coverage strategy to optimize wallet share and returns.

Gunjan Kalra, Head of CCB Japan, Australia and Asia North & Asia South, said: “I am very pleased to be welcoming Srini to our commercial banking franchise in India. I am confident that his track record, particularly around effective coverage of high-growth companies, in one of the most dynamic and largest markets globally, will serve him in good stead at Citi. Srini’s experience in excellent client service and full spectrum banking solutions will add to our growing franchise in India as we look to intensify our coverage of companies across these key industries by offering them everything from cash management to capital markets solutions. I look forward to working closely with him in continuing to deliver the best of Citi for our mid-sized corporate clients in India.”

K Balasubramanian, CEO, Citi India, and Banking Head, Indian Subcontinent, said: “Srini is an excellent addition to our CCB franchise in India, which is among the largest across Citi globally and poised to expand in the coming years. The business is deeply embedded in the country’s vibrant startup community and banks almost half of India’s unicorns. I believe the verticals Srini will lead and focus on are all future engines of growth for India and Citi.”

Srini has extensive experience in dealmaking across Equity, Debt, M&A, Financing, Risk Management, and Payments. Until recently, he served as the Head of Innovation Economy and Venture Capital (VC) coverage in India at JPMorgan, leading a team focused on founder-led or VC-backed, high-growth companies. Prior to that, he helped build JPMorgan’s mid-corporate business in South India, making it the largest market within the country.

Srini’s banking career began with Citi in 2002 where he was part of the Corporate Banking team, managing the business in Chennai and Coimbatore markets. Over a period of 10 years, starting 2009, he covered various sectors within Corporate Banking, including Diversified Industries, Technology, Media and Telecommunications, Consumer and Healthcare, and Financial Institutions Group, and managed significant conglomerate relationships.

Srini holds an undergraduate degree in Electrical and Electronics Engineering from the University of Madras and an MBA from the Indian Institute of Management, Ahmedabad.

 

 

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