Pramit Jhaveri
Pramit Jhaveri | |
|---|---|
| Born | Mumbai, India |
| Occupation | Banking professional |
| Years active | 1987–present |
| Known for | CEO of Citi India (2010–2019), Vice Chairman for Banking, Capital Markets, and Advisory (Asia Pacific) |
Pramit Jhaveri is a prominent Indian banking professional who served as the CEO of Citi India from 2010 until 2019, making him the longest-serving head of the bank in the country. He played a pivotal role in launching Citi's investment banking operations in India. In 2019, he advanced to the position of Vice Chairman for Banking, Capital Markets, and Advisory (BCMA) in the Asia Pacific region, where he managed significant client engagements across multiple markets.
Early life
Hailing from Mumbai and born into a family involved in the jewelry business, Pramit completed his education at Campion School, Mumbai before obtaining a Bachelor of Commerce degree from Sydenham College. He further enhanced his academic credentials with an MBA specializing in finance and economics from the Simon Business School at the University of Rochester, USA.
Career
Pramit began his journey with Citi India in 1987 as a campus hire from Simon Business School. Over the years, he climbed the corporate ladder, ultimately being appointed CEO of Citi India in 2010. In 2016, he took on additional responsibilities as Cluster Head for South Asia, managing operations in Bangladesh and Sri Lanka. His tenure saw Citi consistently earn accolades as the premier foreign bank operating within India.
Associations
Currently, Pramit holds the position of Managing Director and Head of India Investment Banking at Citigroup Global Markets India Private Limited. He also contributes as a director on the Global Board of the U.S.-India Business Council and Pratham Education Foundation. Additionally, he is a trustee for the India Foundation for the Arts and serves on the Council of Advisors for the American India Foundation.
Awards
In recognition of his achievements, Pramit was honored with the Distinguished Alumnus Award by the Simon Business School at the University of Rochester in 2016.
Family
Pramit is married to Mukeeta, who previously worked as an investment banker at Merrill Lynch before stepping away from her professional career post-marriage. The couple has two children named Prithvir and Nynika and resides in Mumbai. Outside of his professional pursuits, Pramit has a keen interest in tennis and collecting art.