Citi Launches New Depositary Offering in the Netherlands Business Wire LONDON & AMSTERDAM -- July 22, 2013 Citi has announced that it has established a depositary facility in the Netherlands and has appointed a new depositary head in the country. The bank can now support locally-domiciled funds with independent depositary capabilities including oversight of funds’ service providers, safekeeping of funds’ assets and daily automated monitoring of funds’ investment guidelines and regulatory restrictions. Citi has had a presence in the Netherlands since 1964 and offers a broad range of financial services and products across the full spectrum of Corporate and Investment Banking, Global Markets, Securities and Fund Services and Trade and Treasury Solutions. Jan-Olov Nord has been appointed as Head of Depositary Services, Netherlands for Citi’s Securities and Fund Services, effective from 22 July. He has over 27 years financial markets experience and 15 years with Citi where he had responsibility for some of the largest investment managers in the Dutch and world markets. “Our Dutch depositary facility opens in readiness for the Alternative Investment Fund Managers Directive (AIFMD) which fundamentally impacts the way our investment fund clients conduct their businesses,” said Sanjiv Sawhney, EMEA Head of Securities and Fund Services at Citi. “We look forward to strengthening our presence in the Netherlands and Jan-Olov is the right person to help Citi’s clients, and the Dutch investment community, continue to grow internationally.” Citi OpenInvestor is the investment services solution for today’s diversified investor, combining specialized expertise, comprehensive capabilities and the power of Citi’s global network to help our clients meet their performance objectives across asset classes, strategies and geographies. Citi provides complete investment services for traditional and alternative asset managers, delivering middle office, fund services, custody, and investing and financing solutions that are focused on our clients’ specific challenges and customized to their individual needs. For more information, visit openinvestor.transactionservices.citi.com. ### About Citi: Citi, the leading global bank, 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 | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi Contact: Citi : Edwina Frawley-Gangahar +44 (0)207 508 2340
Citi Launches New Depositary Offering in the Netherlands
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