Citi Announces Tibor Pandi as Singapore Citi Country Officer

SINGAPORE,Jan. 16,2023 --Citi announced today the appointment of Tibor Pandi as the Citi Country Officer (CCO) for Singapore. His appointment will be effective from February 1,and he will have oversight of all businesses and operations in the country and will be responsible for driving overall franchise performance. He will report to Amol Gupte,Head of South Asia and ASEAN for Citi.

A 22-year Citi veteran,Tibor is currently the CCO for Thailand which he was appointed to in 2017. In his role,he was also given the responsibility to drive the strategy and execution for the Corporate Bank that resulted in meaningful business growth and value-added client solutions.

Commenting on the appointment,Amol Gupte,Head of South Asia and ASEAN said "We are pleased to appoint Tibor to lead our Singapore business which is a strategic priority for Citi. With his experience and leadership,as well as deep knowledge of the region,clients and business,Tibor is well equipped to build on what we have achieved over 120 years in Singapore and help our clients capture the emerging growth opportunities."

Tibor joined Citi in 2001 as a Senior Relationship Manager with Citibank Hungary and moved on to hold various leadership roles including CCO for Romania,CCO for Romania & Bulgaria Cluster,as well as being the Banking Head for the Czech Republic,Slovakia,Hungary,Romania and Bulgaria. He graduated from the Budapest University of Economic Sciences and speaks English,Hungarian,German and Serbian

As CCO,Tibor will be responsible for the in-country execution of the bank's vision and strategy to be the preeminent banking partner for institutions with cross-border needs and a global leader in wealth management as well as drive the firm-wide transformation to give the bank the ability and scale to better compete in the digital world. He will also be responsible for fostering successful client relationships at all levels of the organization and protecting and enhancing Citi's reputation in the country,in addition to being the main regulatory representative for Citi in Singapore.

Citi has been in Singapore since 1902 and is a full-service bank,offering consumers,corporations,governments and institutions with a broad range of financial products and services. Citi Singapore also provides employment to around 8,500 people[1],making it one of the largest foreign banking employers in Singapore.

Globally,Singapore is a key hub for Citi. The country houses a number of our regional and global client coverage and product units,it is home to many of our Asia and ASEAN leadership teams and is one of four wealth hubs globally alongside London,Dubai and Hong Kong. Our Changi site is where the Citi Innovation Lab and Citi Solutions Center (CSC) are located and houses our bank's Operations and Technology (O&T) function that provides round-the-clock support for our businesses globally and across the region.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs,a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions,providing corporations,governments,investors,institutions and individuals with a broad range of financial products and services.

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[1]Includes direct hires and contract staff