Mumbai, Nov. 4 -- Nuthalapadi's appointment will take effect from the date of approval by the Reserve Bank of India (RBI) or such other date as may be stipulated by the central bank.

The board has also initiated the process of identifying a successor to Vasudevan and will submit its recommendation to the RBI in accordance with applicable regulations.

Nuthalapadi holds a post-graduate degree from the Indian Institute of Management (IIM), Ahmedabad, and brings over 28 years of experience with Citi. He assumed charge as Head of South Asia Operations and Technology (O&T) in May 2021. In his most recent assignment, beginning September 2024, he served as Managing Director and Head of Centralized Controls Testing Execution at Citi.

His profes...