Association for Financial Professionals and Citigroup Corporate and Investment Banking Announce Strategic Alliance for AFP Executive Programs

Bethesda, MD and New York, NY – April 11, 2006 — The Association for Financial Professionals (AFP) and Citigroup Corporate and Investment Banking announced today a strategic alliance for Citigroup’s Cash Management business to become the exclusive partner for AFP’s Executive Programs. AFP Executive Programs provide timely and relevant news, peer exchange and exclusive forums for senior-level executives in corporate finance, risk management, global treasury management, accounting and reporting, and transaction services.

"As the responsibilities of the corporate treasurer continue to grow, AFP is committed to providing new learning and networking opportunities for the decision-makers of corporations operating in today’s global marketplace," said Jim Kaitz, President and CEO of AFP. “We are excited to be working on this program with Citigroup, an organization with deep expertise in challenges treasurers face in doing business globally. We are confident that this partnership with Citigroup will provide AFP members a new resource and insights into strategic solutions that will help them grow their businesses and professional skills.”

As an exclusive partner, Citigroup will underwrite the development of strategic research and high level educational programming across a variety of AFP Executive Programs, including:

  • Corporate Treasurers Council, which hosts quarterly roundtables for senior treasury executives in major metropolitan areas around the U.S. to facilitate interaction and collaboration amongst treasurers on key topics of interest.
  • Global Corporate Treasurers Forum, a three-day in-depth exploration of the challenges, risks and opportunities involved in managing an international treasury for treasurers, chief financial officers, controllers, VPs of finance and assistant treasurers, (May 15-17, 2006 in Washington, DC.), and
  • Executive Institute at the 2006 AFP Annual Conference, a two-day program focusing on high-impact issues with advanced sessions and noted speakers for senior-level practitioners, (Las Vegas, NV October 15-18, 2006).

“Citigroup is pleased to partner with the AFP, the leading organization for finance professionals in North America. As a global bank with North American roots, we are committed to this relationship as a means to serve our core client base at a time of exciting innovation and change in the industry”, said Paul Galant, head of Citigroup Global Cash Management.

Additional information about the AFP Executive Programs can be found at www.corporatetreasurers.org or by contacting Craig Martin at 301-961-8629.

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Citigroup
Citigroup, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing 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, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com.


Citigroup Corporate and Investment Banking
Our Corporate and Investment Banking group achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients – our diverse and talented staff in some 100 countries advises companies, governments, and institutional investors on the best way to realize their strategic objectives. We create solutions for and provide the broadest possible capital and market access to thousands of issuer and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. Core business lines under Citigroup Corporate and Investment Banking include Global Capital Markets, Global Banking and Global Transaction Services.

About AFP
The Association for Financial Professionals, headquartered in Bethesda, Maryland, supports more than 14,000 individual members from a wide range of industries throughout all stages of their careers in various aspects of treasury and financial management. AFP is the preferred resource for financial professionals for continuing education, career development, certifications, research, representation to legislators and regulators, and the development of industry standards. AFP Executive Programs provide timely and relevant news, peer exchange and exclusive forums for senior-level executives. Sponsored by the Association for Financial Professionals, the CTP designation is the globally recognized industry standard for treasury and a requirement for a changing profession. More than 16,000 professionals have earned AFP’s certification since 1986. For more information about AFP, visit www.AFPonline.org.