Feb 28 2010 |
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Citi's CEO Heads a Senior Delegation to the Region
Dubai - Senior Citi officials, lead by CEO Vikram Pandit, concluded last week a successful 3-day tour of the Middle East.
The delegation called on key officials, regulators and select clients. Meetings were an occasion to reiterate the company's strategic view of the Middle East as one of its top focal geographies going forward with a view to expanding its footprint across main markets.
" Citi 's number-one worldwide objective is to deliver extraordinary value for clients, shareholders and our people," said Mr. Pandit. "The Middle East is absolutely essential to that goal and constitutes a core part of our strategy going forward. We are committed to expanding further in the region, and to explore new investment opportunities."
Citi has been present in the Middle East for nearly 50 years and views the region as critical to its global franchise. It currently offers full scale corporate banking services across ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait as well as Pakistan.
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About CitiCiti , the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi 's major brands include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.
Media Contacts:
Karim Seifeddine
+971 (4) 604-4392
karim.seifeddine@citi.com
© Press Release 2010
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