BENGALURU: Citi-group said on Tuesday Ravi Kapoor will retire as head of banking, capital markets and advisory (BCMA) for South Asia and India after 18 years with the US bank.

K Balasubramanian, currently head of corporate bank for Citi India, will take on Kapoor’s role. Kapoor, who reached the superannuation age last year but continued in his role at Citi’s request, is “actively thinking about professional and entrepreneurial opportunities”, Citi said.