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KKR Hands Citigroup Vet Reins In India
November 21, 2008
Kohlberg Kravis Roberts has appointed Sanjay Nayar as country head in India. Nayar was most recently the CEO of Citi for India and South Asia. He will be based in Mumbai.
“India is now a core part of our growing global private equity and investment platform,” said co-founders Henry Kravis and George Roberts. “We believe India's compelling demographics, dynamic economy and culture of entrepreneurship will provide superior long-term investment opportunities. Sanjay is uniquely suited to build a broad based investment platform for KKR across a wide range of asset classes, including private equity, real estate, infrastructure and fixed income.”
KKR will soon set up an office in Mumbai for Nayar and will begin to recruit professionals to support their new initiative.
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