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Thursday, November 12 - 2009

Citigroup announces new Head of Corporate & Investment Bank in Egypt

Citigroup announced today the appointment of Mr. Elia Samaha as the new Head of Citigroup's Corporate and Investment Bank (CIB) in Egypt, replacing Mr. Javed Kureishi who recently transferred to the Czech Republic as Citigroup's Country Officer there.

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  • Elia Samaha.
    Elia Samaha.
In addition to his CIB role for Egypt, Mr. Samaha will continue with his current responsibilities as Head of Emerging Markets Corporate Finance and Corporate Banking for North Africa and the Levant.

Mr. Samaha is a seasoned Citigroup professional having spent over 25 years in various Citigroup posts within the region and abroad. Most recently, Mr. Samaha was Citigroup's Country Officer for Lebanon. Prior to that he held various responsibilities covering Corporate Banking in the UAE.

"I am delighted to work in Egypt with a great team of professionals and to run a mature business that has been diligently built over the past three decades" said Mr. Samaha. "Together with the Egypt team, we will continue to provide the highest standards of banking service to our clients in the country, and to cover our corporate clients in North Africa and the Levant with the latest banking solutions to accommodate growing needs and complexities".

"Elia's new appointment will add to the growth momentum in Egypt and the rest of the region," said Mr. Michel Accad, Citigroup's Corporate and Investment Banking Head for the Middle East and North Africa Region. "Elia's diverse experience and solid relationships across the region will help strengthen our franchise in Egypt and other neighboring markets."
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About Citigroup

Citigroup (NYSE: C), 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.

For more information, please contact:

Karim Seifeddine
Public Affairs Officer
Citigroup
Tel: ++971 4 311 4392

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