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HFSA Approves the Appointment of Sunil Sreenivasan as CCO for Hungary
May 17th, 2005. - Budapest
 

Citigroup today announced that the Hungarian Financial Supervisory Authority has approved the appointment of Mr. Sunil Sreenivasan as the new Citigroup Country Officer (CCO) for Citigroup in Hungary. He replaces Mr. Zdenek Turek, who is now the CCO for Citigroup in the Republic of South Africa.

In addition to his CCO role, Mr. Sreenivasan is the Division Executive for Citigroup's Corporate and Investment Bank "Central Europe Division" which is centered in Budapest. In this capacity, he is responsible for Citigroup's Corporate and Investment Banking activities in Hungary, Poland, Czech Republic, Romania, Slovakia and Bulgaria.

Mr. Sreenivasan first joined Citigroup in 1984 and over the next decade, held various senior roles in Shipping and Aviation Finance in the United States.

In 1994 Mr. Sreenivasan was appointed CCO for Malaysia, based in Kuala Lumpur, and went on to become CCO for Singapore (1998) and Poland (2003) until his transfer to Hungary earlier this year.

Sunil Sreenivasan holds a Bachelor Degree from the University of Delhi and a Masters Degree from University of Oxford. He is also a Fellow of the Royal Institute of Chartered Accountants in England and Wales.

Commenting on his appointment Mr. Sreenivasan said, "The long presence of Citigroup in Hungary and in Central Europe is an indicator of our commitment to the country and region. I look forward to working in Hungary and Central Europe to continue to strengthen our position within the region and increase our competitiveness in each individual market."

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