Citi today announced that the Hungarian Financial Supervisory Authority has approved the appointment of Mr. Batara Sianturi as the Citi Country Officer for Citibank Zrt. in Hungary as well as the Chairman of the Board of Directors. Mr. Sianturi continues to lead the Consumer Business of the franchise in Hungary.

Mr. Sianturi first joined Citi in 1988 as a Management Associate in Jakarta, Indonesia. His career spans 17 years of consumer bank experience with Citi in Indonesia and Australia, where he has held senior management positions in Marketing, Retail Banking, Sales & Distribution and Finance. He joined Citibank Zrt. in Hungary in 2005 when he was named the Consumer Business Manager and member of the Board of Directors.

Batara Sianturi holds two BSc. degrees in Chemical Engineering and in Polymer Science from Case Western Reserve University in Cleveland, Ohio, USA, an MSc in Chemical Engineering from the Stevens Institute of Technology in Hoboken, New Jersey, USA, as well as an MBA in Finance from St. John's University in New York City.

Commenting on his appointment, Mr. Sianturi said: "It is a privilege for me to see the tremendous growth of this franchise in the last two years. We are committed to continue with our innovations and as a partner for our customers we aim to bring them the best financial solutions to support their growth."

"Hungary has a very talented team of professionals and we are building a great place to work where we support and provide our employees with tools and trainings to develop their skills and knowledge and build their careers. I look forward to continue to work together with our dedicated team to further grow the franchise for the benefit of our customers and the community." - he added.