Citibank Kuwait honors newly chartered members

Citibank continues its support for educational programs and the local community

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Kuwait City – For the second consecutive year, and as part of Citibank's continued support to educational programs and to the local community, Citibank Kuwait sponsored the CFA Annual Forecast Dinner and Charter Awards Ceremony, held January 23, 2012, at the premises of Arab Fund for Economic and Social Development.

Mr. Abdulatif Al Hamad, Chairman and Director General of the Arab Fund for Economic and Social Development, hosted the event.

With attendees ranging from chartered financial analysts, senior managers and CEOs from banks, asset management companies, Kuwait Investment Authority, and other corporates, the event was a successful celebration of the latest group to complete the CFA program. Citibank Kuwait presented the new charter holders with a token as an appreciation for their efforts and to congratulate them on becoming Chartered Financial Analysts (CFA). Juraj Beno, a Citibank Kuwait team member, was among the graduates who completed the CFA program.

"At Citi, we continue to search for ways to encourage bankers to progress further in their career through such programs. These graduates will play an active role in developing the investment sector in Kuwait into a strong, vibrant and dynamic sector that can compete internationally," commented Ozgur Kutay, General Manager, Citibank Kuwait. "It gives me great pleasure to see one of our own team members seek professional development and complete the CFA," he added.

Citibank Kuwait has evolved into an active corporate citizen with a particular interest in supporting financial education and developing Kuwait's talent pool. Over 500 young Kuwaitis have so far received certified training on financial literacy, life skills and personal economics through Citi-sponsored training programs.

Since establishing its fully licensed branch in Kuwait in 2006, Citibank Kuwait began redeploying the best people to the region, building out a team with a unique blend of local talent, industry knowledge, product expertise and global standards. At Citibank Kuwait, there are 56 employees, with more than 60 percent of them Kuwaitis.

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 10 Arab countries, including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait. It also serves clients in non-presence countries, such as Yemen and Oman through Bahrain and Dubai.

Citi

Citi, the leading global financial services company, 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.