Back in 1994, John Reed was elected chief executive of Citicorp, shares of stock in India were traded in lots of one and Neeraj Sahai became a management associate charged with helping handle relations with large financial institutions in Mumbai.

Today, Sahai is based in New York, as global head of securities and fund services for the company, now called Citigroup. In its worldwide rivalry with State Street and Bank of New York Mellon, Citi's fund services operate in 60 markets that account for roughly 98% of the capitalization of public companies. And is rolling out securities services in two to three more markets every year.

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