Neeraj Sahai says his goodbyes at Citi 29 November 2013New York Reporter: Georgina Lavers
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Neeraj Sahai is to depart as head of Citi's securities and fund services business and join Standard & Poor's Ratings Services as president.
Sahai, who also acts as chief fiduciary officer of Citigroup, will take over from Douglas Peterson, who became president and chief executive officer of McGraw Hill Financial—which owns Standard & Poor’s—on 1 November.
Peterson said that Sahai’s significant experience serving global capital markets and background in risk and governance will be “enormously valuable” to the ratings firm.
Sahai, who started with Citi in 1984, has led Citi’s securities and fund services since 2005. Before that, he was chief financial officer of Citi's Global Transaction Services.
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