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Citi Announces Sanjeev Jain as Global Transaction Services Head for Indonesia

Hong Kong/Jakarta - November 15, 2011 – Citi’s Global Transaction Services (GTS) has today named Sanjeev Jain the Head of Citi’s Global Transaction Services for Indonesia. This appointment reaffirms GTS’s commitment to its Asia Pacific business and to the region as a whole. Jain was previously GTS’s Regional Head of Public Sector, Asia Pacific.

Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. In his new role, Jain will be responsible for continuing GTS’s growth in Indonesia, and leveraging his experience to create innovative new services and solutions for Citi’s customers.

Based in Jakarta, Jain will report to Tigor Siahaan, Managing Director, Chief Country Officer for Citi in Indonesia, and continue to report to Anthony Nappi, Managing Director, Region Head, Asia Pacific, Global Transaction Services.

Jain has previously been responsible for structuring solutions, deepening relationships, developing strategic partnerships with GTS’s new and existing public sector clients and driving the sales strategy for GTS’s public sector client base. He has also held a range of positions within GTS since joining in 1998, including Regional Corporate Payments Head and key roles in cash management and trade in India.

Commenting on the appointment, Nappi said: "Indonesia is a vital part of Citi’s franchise and Global Transaction Services’ growth strategy in Asia Pacific. Having proven his leadership capabilities both as Regional Head of Public Sector and as Regional Corporate Payments Head, I am confident that Sanjeev will build on our business’ success in Indonesia to take the business to new heights."

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About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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