Citi appointed Jeegar Shah as the chief financial officer(CFO) for its India franchise. He had been serving as interim CFO since February 2024. As the CFO, Shah is expected to act as the point of contact for financial matters pertaining to India, and collaborate with Ashu Khullar, the Citi Country Officer for India and Head of Banking for Indian Sub-Continent.

Shah has been entrusted with the responsibility of providing strategic financial support to Khullar. Earlier, Shah had served as the Cluster Controller for Citi's South Asia Cluster. He has over 19 years of experience in finance roles, including financial and regulatory reporting, audits, regulatory examinations, and leading strategic finance initiatives across Citi's businesses.

Aditya Mittal, Citi India's Chief HR Officer and head of HR, Indian Subcontinent, commented that Jeegar Shah's previous experiences have made him well-equipped to take on his new role as the India CFO. In March 2023, Axis Bank acquired Citi Bank's consumer business. Citi Bank India franchise's newly appointed CFO is a Chartered Accountant from the Institute of Chartered Accountants of India, and holds a master's degree in commerce from the University of Mumbai.