Most of the additions will be based in Dubai, though some will be located in Singapore and Hong Kong to bolster the bank's non-resident Indian teams in those cities, Mr Malhotra said in an interview last week.
Prior to that, he worked among others as process and marketing manager at chemical firm Krebs Swiss AG, process solutions firm Glatt AG and construction company Kühni AG
The move has several effects: Adeline Chien will become a regional market manager of domestic Hong Kong, while LH Koh advances to regional market manager for domestic Hong Kong and international Japanese clients.
They've delivered excellent results and I'm convinced that their broad leadership skills will allow us to continue to deliver on our targets and capture future opportunities," said Group Chief Executive Officer Sergio P. Ermotti.
The Institutional Clients Group includes, among other operations, Citi's investment banking and trading teams.
He will be responsible for promoting the Old Mutual Wealth Platform customer and adviser propositions in the UK, including pensions, investments and protection.
The company, which focused on European long/short funds in the large-cap space, announced its closure in June 2017 following over 11 years of operating