Citi aligns North Africa with ME business
Dubai, October 21, 2013
Citi recently created its Mena division combining its franchises across the region, in addition to Pakistan, under the leadership of Atiq Ur Rehman.
The move follows the recognition of existing and growing synergies across the Middle East and North Africa (Mena) markets, a statement said.
Rehman is an experienced Citibanker with a career spanning 29 years at the bank. He has been heading the Middle East Division for Citi, based in the UAE, since 2010. Prior to that, he has held several positions out of London, including the Global Head of Citi’s Emerging Markets Debt Business.
Citi’s EMEA CEO Jim Cowles said: "Combining the management of our Middle East and North Africa franchises will position us to better support our clients in capturing the growth opportunities we see across the region. Atiq has extensive experience in these markets and his leadership will be instrumental in ensuring Citi’s continued success in Mena.”
Citi has been present in Mena for more than 50 years. It currently offers institutional banking services across 10 markets including Morocco, Algeria, Tunisia, Egypt UAE, Lebanon, Jordan, Bahrain, Qatar, Kuwait as well as Pakistan. – TradeArabia News Service