Shah first joined the bank in 2010 from JPMorgan where he was business executive for global custody, clearance and collateral management. He also held other positions at the bank including European head of derivatives middle office and global head of derivatives collateral management.
Before joining JPMorgan in 1996 he was a management consultant at Accenture, specialising in strategic re-engineering for financial institutions.
A spokesperson for Citi declined to comment. Global Investor/ISF also contacted Shah but he had not responded by the time of publication.