Reuters: Market News: UPDATE 1-KKR hires Citi banker as director at India unit

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UPDATE 1-KKR hires Citi banker as director at India unit Mar 26th 2012, 09:13 Mon Mar 26, 2012 5:13am EDT MUMBAI, March 26 (Reuters) - Kohlberg Kravis Roberts & Co. has hired Tashwinder Singh, a top official with Citigroup, as its director, the U.S. private equity company said on Monday. Singh, who has worked with Citigroup for 18 years, will identify and develop strategic partnerships to grow KKR's private equity and non-banking finance operations in India, it said. KKR, which has invested over $1 billion in India, has 15 investment professionals in Mumbai, focusing on both private equity and non-banking financial services.

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