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New Head of Shipping for Citi Greece.


Athens, November 9, 2011.

Citi announces the appointment of Dimitri G. Vassilacos as Head of Shipping for Citi Greece, following Takis Constantaras’ decision to retire after a 33-year successful career in Citi Greece.

Mr. Vassilacos brings to Citi his 15 years of experience in banking and mainly in shipping. For the past 6 years he has led the Ship Finance Division of National Bank of Greece (NBG) and prior to that served as General Manager of NBG in London for 4 years.  He holds a Master’s degree in Business Administration from HEC, Paris, a Master of Arts in Law and Diplomacy from Fletcher School at Tufts University, Boston and a Master of Science in Mechanical Engineering from National Technical University of Athens.

Mr. Constantaras joined Citibank Athens in 1978 in Corporate Banking and moved to the Shipping team in 1984.  He has led the Shipping Business since late 2001 and, under his leadership, Citi retained its leading franchise in Greek shipping, maintaining its commitment of capital and ideas to its clients.

Michael Parker, Global Head of Shipping, stressed that:  “In the difficult environment that the industry is facing, we are fortunate in being able to welcome someone of Dimitri's experience to grow the existing strong relationships in the shipping business of Greece and to help support our leading global franchise. I am certain that Dimitri’s experience will prove invaluable. 

Takis Constantaras has contributed greatly in making the Greek Shipping business a significant part of Citi’s Global Shipping franchise and we wish him the very best for the future.
” Linos Lekkas, Head of Banking for Greece, Cyprus & Central Europe, stated: “We welcome Dimitri to Citi Greece Shipping, a successful business with great past and promising potential, with the conviction and best wishes for further development and success.”

Grant Carson, Citi Country Officer of Citi Greece, commented:  “We are very pleased to announce the appointment of such an experienced banker as Dimitri Vassilacos to undertake a key position for our Greek and global business.”


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