CEO Citicorp Regional HQ

English

Naveed Kamal

<ul><li>Citi officially opened its new Regional Headquarters (RHQ) Office at Kingdom Tower in Riyadh, Saudi Arabia, on October 25, 2025</li><li>This move follows Citi receiving its RHQ license in November 2024 and aligns with Saudi Arabia's initiative encouraging companies to establish a regional headquarters</li><li>The Citi Foundation also announced a $500,000 grant to NGO Education for Employment to extend its "Future-Ready Youth Employment and Skills Program" across the MENA region</li></ul>

RIYADH – Citi announced the official opening of its new Regional Headquarters in Riyadh, Saudi Arabia, located at Kingdom Tower. Citi formally received its license for the Regional Headquarters from the Ministry of Investment and the Ministry of Commerce in November 2024, aligning with Saudi Arabia’s initiative encouraging multinational companies to establish a regional headquarters in the Kingdom.The ribbon-cutting ceremony was attended by His Excellency Eng. Khalid A. Al-Falih, Minister of Investment, and H.E. Eng. Ibrahim Al-Mubarak, Assistant Minister of Investment in Saudi Arabia, alongside top Citi officials, including Jane Fraser, Chair of the Board and Chief Executive Officer of Citi, Naveed Kamal, CEO Citicorp Regional HQ, and Fahad Aldeweesh, Citi Country Officer and Banking Head of Saudi Arabia.

The Middle East is one of the most dynamic regions in the world, and Saudi Arabia sits at the heart of that transformation. Establishing a regional headquarters here in Riyadh reflects both our confidence in the Kingdom’s momentum and our commitment to being close to the clients driving that change.”

The new RHQ will provide strategic direction and management functions to Citi’s branches and subsidiaries across the Middle East and North Africa (MENA) region. In January 2025, Citi announced the appointment of Naveed Kamal as the Chief Executive Officer (CEO) of Citi’s new legal entity in the Kingdom of Saudi Arabia.<h2>Future-Ready Youth Employment &amp; Skills Program</h2>At the opening ceremony, the Citi Foundation also announced a $500,000 grant to Education for Employment (EFE), a leading youth employment organization in MENA. Citi Foundation funding will support EFE’s work to scale specialized employability training with a focus on digital and green skills expected to serve more than 700 youth across five MENA countries. At least 280 youth are anticipated to be directly connected to jobs placements following completion of training. “The new Citi Foundation grant to support EFE’s programming is a testament to over a decade of collaboration and commitment to close the skills gap across MENA for low-income youth. This grant, part of the Citi Foundation's Global Innovation Challenge, directly addresses the urgent demand for future-proof talent by empowering youth with the digital and green skills critical for navigating the region's economic and environmental transitions,” said Fahad Aldeweesh, Citi Country Officer and Banking Head of Saudi Arabia. “For the participants, including those in Saudi Arabia and their peers across Algeria, Morocco, Tunisia, and the UAE, EFE's market-driven training cultivates not just job readiness, but the resilience and innovative mindset needed to drive sustainable growth and build impactful careers. This strategic $500,000 grant from the Citi Foundation helps ensure these youth become catalysts for a more competitive, green, and equitable future."&nbsp; “At EFE, we are deeply committed to addressing the profound challenge of youth unemployment in the MENA region, and Citi Foundation's enduring support is critical to this mission. This grant, under the banner of the Global Innovation Challenge, allows us to expand our proven model equipping low-income youth with the very digital and green skills that are defining the future of work,” said Andrew Baird, President and CEO, EFE-Global. “We're not just providing training; we're fostering environmental awareness, promoting sustainable practices, and creating direct pathways to employment in sectors vital for the region's economic resilience and green growth. This funding from the Citi Foundation truly empowers these young people to become active participants and leaders in shaping a more sustainable and prosperous future.”<div class="Boilerplate-footer"><hr><h2>About Citi</h2>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 more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.<o:p></o:p>Additional information may be found at&nbsp;<a href="http://www.citigroup.com/" target="_blank">www.citigroup.com</a>&nbsp;| X:&nbsp;<a href="https://twitter.com/Citi" target="_blank">@Citi</a>&nbsp;| LinkedIn:&nbsp;<a href="http://www.linkedin.com/company/citi" target="_blank">www.linkedin.com/company/citi</a>&nbsp;| YouTube:&nbsp;<a href="http://www.youtube.com/citi%7C" target="_blank">www.youtube.com/citi</a>&nbsp;|&nbsp;Facebook:&nbsp;<a href="http://www.facebook.com/citi" target="_blank">www.facebook.com/citi</a><o:p></o:p><h2>Media Contact&nbsp;&nbsp;&nbsp;&nbsp;</h2>Tara Sirinyan &nbsp;<a href="mailto:Tara.sirinyan@citi.com">Tara.sirinyan@citi.com</a>&nbsp;</div>

Launches Future-Ready Youth Employment and Skills Program in the Middle East and North Africa

Chair of the Board and Chief Executive Officer of Citi Jane Fraser Inaugurates Regional Headquarters Office in Saudi Arabia

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Citicorp Regional HQ LLC was formally incorporated in Riyadh on January 30, 2025 operating pursuant to Investment License No. 1011134605337032 and duly recorded under Commercial Register 1009188253 . This entity is designated as the principal strategic hub for the Middle East and North Africa (MENA) region, mandated to lead regional strategy development and integration, optimizing financial performance, and exercising comprehensive business governance and oversight across its operational footprint.

Regional Headquarters in Saudi Arabia

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BANCA

Contamos con tres líneas de negocio - Banca Corporativa, Banca de Inversión y Banca Comercial- para brindar una oferta completa de productos entre los que destacan emisiones de deuda y acciones en los mercados de capital, crédito, capital de trabajo y operaciones de comercio exterior, entre otros. Nuestros clientes -corporaciones, gobiernos, instituciones financieras y compañías medianas en expansión internacional de diferentes industrias– se benefician de nuestra red sin paralelo que les conecta con más de 180 países, en 95 de los cuales Citi tiene presencia física.

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Provee soluciones de clase mundial y una presencia global sin igual. Servimos a corporaciones, inversores institucionales y gobiernos desde nuestros pisos de negociación en casi 80 países. La fortaleza de nuestra suscripción, ventas y nuestra capacidad transaccional y de distribución a través de diferentes clases ((Commodities, Equities, Rates, Spread Products) y monedas, nos habilita para cubrir las necesidades de nuestros clientes. Conoce más

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金融市场服务凭借花旗在全球无与伦比的网络优势为客户提供业界领先的解决方案。我们在近 80 个国家和地区的交易所为企业、机构投资者和政府提供服务，我们的承销、销售、交易和分销能力涵盖各资产类别（商品、股票、利率、价差产品）和汇率，以满足不同的客户需求。

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我們為客戶提供世界級解決方案和領先業界的全球網絡，在全球近80個國家為企業、機構投資人及政府單位提供交易服務。

Markets

Markets provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries.

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Soluciones de Tesorería y Comercio Exterior Las nuevas tecnologías nos abren nuevas oportunidades para servir a nuestros clientes, TTS (Soluciones de Tesorería y Comercio Exterior) invierte en innovación para dar vida a nuevas soluciones estableciendo un futuro digital a partir de un sólido legado y una red única de soluciones comerciales globales. Como podemos ayudarlo Canales digitales y data Tarjetas Corporativas Administración de liquidez Pagos Cobranza Comercio Internacional

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财资与贸易金融及证券服务是企业运营的好伙伴，呵护企业成长并提高其运营效率。服务涵盖了为企业、金融机构和公共部门提供的全球综合现金管理、营运资金和贸易融资解决方案，以及为金融机构、投资者和发行人提供托管、基金管理、中台、证券借贷和发行人服务。

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Services is a key operational partner for clients, helping them grow and become more efficient. From global integrated cash management, working capital and trade finance solutions for corporations, FIs and public sector entities to custody, fund administration, middle office, securities lending and Issuer Services to FIs, investors and issuers.

Citi Global Wealth

Global Wealth Management brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices.

花旗商業金融在全球

我們協助營收在一千萬美元以上之企業解決在快速成長及國際擴張過程中所面臨的挑戰，處理既有或避免衍生新的財務問題，驅動企業加速成長。

Commercial Bank

We help mid-sized companies with revenues starting from $10MM USD address the challenges of rapid growth and international expansion by rationalizing complicated legacy setups or allowing clients to avoid them altogether, so that they can scale faster and grow larger.

Our treasury services help optimize the needs of our clients on a global scale. Treasury and Trade Solutions provides global solutions that can help clients drive their business forward while investing in innovation to bring new solutions to life.

貿易解決方案

我們以環球視野提供客戶資金管理產品與服務，跨越國界的解決方案協助客戶在追求業務成長之際也能投資創新的未來。

Treasury and Trade Solutions

CITI PRIVATE BANK

Dedicados a server a los individuos de mayor riqueza y sus familias. Ofrecemos nuestros servicios a clientes de valor ultra alto en cerca de 100 naciones. Nuestros clientes incluyen emprendedores, líderes de negocios, ejecutivos y sus familias, a quienes ofrecemos servicios personalizados que les ayudan a proteger y crecer su patrimonio responsablemente. Nos enfocamos en menos clientes que son más grandes y sofisticados con valor mayor a 100 millones de dólares.

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U.S. Personal Banking includes branded cards, retail services, and retail banking, and serves our home market, which has the largest consumer wallet in the world.

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BCMA

Citi's Banking, Capital Markets and Advisory division provides comprehensive relationship coverage and a full suite of products and services in an effort to be the best possible financial partner to its institutional clients.

證券服務

我們運用領先業界的全球網絡為客戶提供全球各市場之深度在地專業及可規模化之解決方案，以支持客戶達成業務發展目標。

Securities Services

Securities Services supports our clients’  business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions.

花旗商業金融在台灣

我們支持企業客戶拓展業務版圖的雄心，憑藉無遠弗屆的環球網絡，提供全方位金融服務。我們密切掌握國際金融市場脈動，傾聽、了解台灣企業需求，與客戶建立緊密的夥伴關係，提供客製化與創新的金融解決方案，外匯與資金管理產品在國際評等上屢獲殊榮，可協助企業進行完善的資產配置與風險管理，達成財務與業務目標。

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