Citigroup Steps Up Hiring Across Africa With Bond Crown in Sight
- Bank is poised to add near 100 employees in sub-Saharan Africa
- U.S. firm has become top arranger of debt sales in the region
Citigroup Inc.’s Citibank offices, left, in Johannesburg, South Africa.
Photographer: Dean Hutton/Bloomberg
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Citigroup Inc. could add close to 100 new employees to its businesses across the African continent as it surges past rivals to reclaim the top spot in arranging debt sales in the region.
The New York-based bank has already started filling roles to add muscle to its local operations in anticipation that the headcount in sub-Saharan Africa will swell by about 10% from nearly 900.