Citi ramps up CEEMEA foreign exchange trading and sales

  Citi ramps up CEEMEA foreign exchange trading and sales

Business Wire

LONDON -- November 14, 2012

Citi, the leading global foreign exchange house, has made a series of recent
hires in CEEMEA foreign exchange and local markets (FXLM) in both trading and
sales.

Daniel Mitchell has joined as a CEEMEA FX options trader, and will report to
Chirag Patel, head of CEEMEA and G10 FX options trading.

He comes to Citi after 11 years at Royal Bank of Scotland. From 2009 he ran
jointly the CEEMEA options book, and before that led the Latam flow desk from
New York for two years. Daniel’s first role at RBS was developing FX options
risk management software but he moved into trading in 2005, firstly running
the second generation EM options book and then first generation CEEMEA
exotics.

“We are delighted to welcome Daniel on board and feel that he will play a
prominent role in building the CEEMEA FX options business. The development of
these instruments in the region has been impressive over the last few years,
and Citi is, and will remain, at the forefront of it,” said Chirag Patel.

There has also been a series of additions to the FX sales team in Europe.

Elan Bassier has joined structured FX investor sales in Zurich from Deutsche
Bank. In this role, he will focus on the sales and marketing of index and
managed account products.

Johan Holmstrom recently started at Citi in covering Nordic investor sales and
was previously at Barclays, while Vishal Sawhney this week joined the hedge
fund sales group from RBS. Both are London-based. Elan, Johan and Vishal
report to Alex Jackson, head of investor sales in Europe.

“We are very pleased to have made these hires for the Citi FXLM team as we
consolidate our position in the forefront of the business and seek to better
serve our investor clients,” said Alex Jackson.

Nihel Bensenane has been added to the bank sales group in London, and will
assume coverage responsibility for banks, central banks and sovereign wealth
funds across the MENA region. She was previously at Credit Suisse in Dubai.

“The hiring of Nihel to oversee our MENA business underscores our commitment
to what continues to be a key region for us”, said Adam Margolis, head of FX
Banks sales for EMEA.

                                    -Ends-

Notes to Editors

About Citi

Citi, the leading global financial services company, has approximately 200
million customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides 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, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi |
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Contact:

Media Contacts
London: Simon Boughey
+44 207 508 3864
simon.boughey@citi.com
 
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