Latest News | Business Briefs *Citi Appoints Rajeev Mantri as CFO, Citi India & Cluster Finance Head, South Asia

Mumbai, Oct 20 (PTI) Citi on Wednesday announced the appointment of Rajeev Mantri as chief financial officer (CFO), Citi India, and cluster finance head, South Asia, effective October 5, 2021.

He will report to Ashu Khullar, CEO, Citi India and Tim Monger, Asia Pacific CFO, Citi, a release said.

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Mantri takes on the role from Niraj Parekh, who will move to New York as the head of financial planning and analysis for the institutional clients group.

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**** *FGII to pay ex-gratia of Rs 10 lakh to kin of deceased off-roll associates

Future Generali India Insurance (FGII) said it will pay an ex-gratia of Rs 10 lakh to the next kin of the deceased off-roll associates. In March 2020, FGII had created a relief fund to extend financial support to the tune of Rs 50,000 to any of its business-active agents and their families in case they tested positive for COVID-19, a release said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)