Local Time in Kuwait : Print

Press Release

Kuwait City, Kuwait

December 10, 2012

FOR IMMEDIATE RELEASE

Citibank Kuwait celebrates Citi’s 200th Anniversary

Kuwait – Citibank NA Kuwait commemorated the 200th anniversary of Citigroup and the bank’s local presence in Kuwait since 2006 on the 10th of December. As part of the anniversary event, Citibank Kuwait also invited its previous employees to thank them for their commitment, hard work, and loyalty which contributed to the franchise’s success in Kuwait and elsewhere.

The celebration, which included a dinner at The Regency, was attended by the US Ambassador to Kuwait, His Excellency Mathew Tueller, clients, alumnis, and senior Citi executives in Kuwait and the region.

Speaking at the event, Citibank Kuwait CEO and General Manager, Ozgur Kutay offered his thanks and appreciation to the loyal Citi customers. “Your support and belief in Citi have led us to take our position as a leading global financial institution dedicated to you and your companies’ success. This anniversary renews our commitment to Kuwait’s development and is an impetus for us to continue to work on our long-term projects.”

Also attending the celebration were ex-Citibankers who worked in Citi’s offices in several countries around the world and are now working in Kuwait, some of whom spent at least 25 years with Citi.

“The 200th anniversary celebration is a chance for us to take a moment and recognize the role this institution played in the success of well-known personalities around the world. We wanted to thank the ex-Citibankers for their hard work and commitment, and we are sure that Citi’s knowledge and experience will always leave a positive mark in their future lives and careers”, Ozgur added.

Citi has been in the Arab World for nearly 50 years and continues to view the region as critical to its global franchise. It is currently present in ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait. Citi is the fourth foreign bank to set-up a branch in Kuwait, and currently offers corporate and investment banking services, private banking and wealth management services.

Photo Caption:

tibank Kuwait celebrates Citi's 200th anniversary.jpg

Group picture of US Ambassador Tueller, Citi alumnis pose with Citibank Kuwait senior management. Ozgur Kutay, Citibank Kuwait’s CEO and General Manager

####

About Citi

Citi, the leading global bank, 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.