Citi Reaffirms Global Commitment with New Regional Leadership in Asia Pacific and EMEA

HONG KONG & LONDON--(Business Wire)--
Citi today reaffirmed its commitment to the company`s global franchise with the
appointment of new regional leaders in Asia Pacific and EMEA (Europe, Middle
East and Africa). The following appointments are effective immediately:

* Shengman Zhang as Chairman of Asia Pacific
* Stephen Bird and Shirish Apte as Chief Executive Officers of Asia Pacific
* Bill Mills and Alberto Verme as Chief Executive Officers of EMEA

"In each of the 104 countries where we operate and the dozens more where we do
business, our clients and customers deeply value our unique capabilities and
global perspectives," said Citi Chief Executive Officer Vikram Pandit. "In
appointing these talented executives to drive our business in Asia and EMEA, I
am reaffirming Citi`s commitment to these markets and to helping our clients and
customers execute on growth opportunities around the world."

In Asia Pacific, Mr. Zhang will be responsible for forging and expanding
relationships with clients, regulators, government officials and employees
across the region. As CEOs, Mr. Bird will be responsible for Northern Asia and
Mr. Apte for Southern Asia. The two will have joint responsibilities for Asia
Pacific`s overall performance, strategy and execution.

In EMEA, Mr. Mills will continue to be responsible for our business in Western
Europe and Africa and Mr. Verme for our business in Central and Eastern Europe
and the Middle East. Mr. Mills and Mr. Verme will be jointly responsible for
performance, strategy, and execution across EMEA.

Background Information:

Mr. Zhang, 52, had previously served as Vice Chairman of Global Banking and
President of Asia Pacific after joining Citi in February 2006 as Vice Chairman
of Global Banking and Chairman of the Public Sector Group. He possesses
extensive experience in the industry, including 10 years with the World Bank,
with four as the Managing Director from 2001 to 2005. In that role, he led the
Bank's day-to-day worldwide operations. Mr. Zhang chaired the Bank's Operations
Committee, the Sanctions Committee, and the Corporate Committee on Fraud and
Corruption Policy, and was the Chairman of the Bank Group's Crisis Management
Committee.

Mr. Bird, 42, was most recently Chief Executive Officer for North Asia and Head
of Consumer Banking and Global Cards for Asia Pacific. He joined Citi in 1998
and has previously served in Japan as CEO for Credit Cards and Consumer Finance,
and as Head of Operations and Technology for the entire Latin America franchise
having moved there from Asia Pacific in 2001. Prior to joining Citi, Mr. Bird
held senior management positions in GE Capital and British Steel in the United
Kingdom.

Mr. Apte, 56, moves to Asia Pacific after guiding Citi in some of the
fastest-growing emerging markets as Chief Executive Officer of Citi's Central &
Eastern European Region. Mr. Apte has served in several senior management roles
in more than 26 years with Citi, including as CEO of Central & Eastern Europe,
Middle East & Africa (CEEMEA) Citi Markets & Banking. He began his career with
Citi as a Relationship Banker for Citibank India, and later held various
assignments in Corporate Banking, Risk Management and Corporate Finance
Investment Banking.

Mr. Mills, 53, was most recently CEO for Western Europe, Middle East and Africa.
He previously held the position of Chairman and Chief Executive Officer of Citi
Markets & Banking for Europe, Middle East and Africa (EMEA). Prior to that, he
was Chief Executive Officer of Salomon Smith Barney Asia Pacific and a member of
the Salomon Smith Barney Management Committee. In this role, he was responsible
for the Firm's Investment Banking, Equity, Fixed Income, Private Client
services, and other operations conducted in Asia, Australia, New Zealand, and
the Sub-Continent for the Firm. Mr. Mills has been with Citi for 27 years.

Mr. Verme, 51, was most recently Co-Head of Global Investment Banking, based in
Dubai. Prior to that appointment in 2008, he was Head of Global Energy, Power
and Chemicals Investment Banking from 2001. During his tenure, the franchise
achieved world leadership and executed a number of marquee transactions
including the Conoco-Phillips merger, the Sibneft-Yukos merger and several key
restructurings. Mr. Verme joined Salomon Brothers in 1994 and worked as Head and
later Chairman of Citi's Latin America Investment Banking Group through May
2001.

Citi, the leading global financial services company, has approximately 200
million customer accounts and does business in more than 140 countries. Through
its two operating units, Citicorp and Citi Holdings, 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, and wealth management. Additional
information may be found at www.citigroup.com or www.citi.com.

Citi
Media:
Hong Kong
Richard Tesvich, +852 2868 7689
London
Adam Castellani, +44 20 7986 5608
New York
Jon Diat, +1-212-793-5462
or
Investors:
John Andrews, +1-212-559-2718
or
Fixed Income Investors:
Craig Leslie, +1-212-559-5091

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