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Vinaya Parvate

Vinaya Parvate

Managing Director, Global Head Fraud Risk Oversight, Institutional Clients Group, Citigroup

Vinaya is the Global Head of Fraud Risk Oversight for the Institutional Clients Group and Citi Commercial Bank at Citi, and also has regional oversight responsibility for EMEA & APAC across the enterprise. She is responsible for assessing the current strategy and execution of the Fraud Risk Management discipline across the businesses globally; and agreeing the necessary actions with the 1st line partners to ensure adherence to the policy and framework. Her team works closely with risk colleagues in the regional and business risk teams and other key stakeholders in Corporate Security & Investigative Services, and Information / Cyber Security in maintaining a robust management of fraud risk through policy compliance, improvements in technical infrastructure and operational excellence.

Vinaya has over 26 years of experience in financial services with other roles in Citi as Operational Risk Head for Citi South Asia, ICG Asia Regional Head for Customer Acquisition Due Diligence (CADD) Business Support Unit, Global TTS Operations Governance, as well as in Internal Audit. Vinaya holds an MBA from IIM, Ahmedabad and a Bachelor’s degree from SNDT University, Mumbai.

Vinaya holds an MBA from IIM, Ahmedabad, and a Bachelor’s degree from SNDT University, Mumbai.