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Hungarian Financial Supervisory Authority approves the appointment of Sajjad Razvi as Citigroup Country Officer for Hungary
June 19th, 2006. - Budapest
 

Citigroup today announced that the Hungarian Financial Supervisory Authority has approved the appointment of Mr. Sajjad Razvi as the new Citigroup Country Officer (CCO) for Citigroup in Hungary.

In addition to his CCO role, Mr. Razvi is the Division Executive for Citigroup's Corporate and Investment Banking in the Central Europe Division with its center in Budapest. In this capacity, he is responsible for Citigroup's Corporate and Investment Banking activities in Hungary, the Czech Republic, Romania, Slovakia and Bulgaria. In addition, Mr. Razvi is also responsible for building the Citigroup business in the non-presence countries in the Balkan region and the Baltic region.

Mr. Razvi comes to the business in Hungary from previous roles with Citigroup around the world. Most recently, he represented the franchise in the United Arab Emirates as Citigroup Country Officer and Managing Director of the Corporate and Investment Banking business. Previously, he led the franchise in South Korea and Pakistan. He has also held the post of Western Region Manager for SAMBA in Saudi Arabia. He has been the Governor of AMCHAM Korea.

Sajjad Razvi is a Fellow of the Chartered Institute of Management Accountants, UK.

Commenting on his appointment Mr. Razvi said, "I am very excited about the growth we are realizing in partnership with our trusted relationships here, in a very important growing market. This year we are celebrating the 20th anniversary of serving our clients in Hungary and the successes our people have achieved in the last two decades provide us with the perfect gateway to the next twenty years and beyond."

"Working together with our dedicated and talented team here, I am committed to continue developing our products and services to deliver the very best value to our clients. I am also very proud of our role that we have been playing as corporate citizens in Hungary over the last two decades and I am committed to continue supporting the communities in which we live and work."

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