Best Investment Bank in Saudi Arabia 2021

Middle East’s Best Investment Bank 2021 

Best Investment Bank in the Middle East 2018

Best CSR Bank in Middle East 2017

Euromoney Awards for Excellence

Citi joined Tadawul, the Saudi Stock Exchange, and expanded its Direct Custody and Clearing services to Saudi Arabia.

Citi partnered with Aramco to launch Altamayyuz Finance and Accounting Excellence Academy, a first-of-its-kind collaboration between leading accountancy firms and investment banks to establish a center of excellence for finance and accounting.

Citi signed an agreement with Saudi Arabia’s Ministry of Finance and the National Debt Management Centre to appoint Citi as one of the five International Financial Institutions in the country to join the Kingdom’s Primary Dealers’ Programme for local government debt instrument.

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Citigroup in Saudi Arabia (CSA) is licensed by the Capital Market Authority (CMA) with the license number 17184-31 to conduct the following securities business activities: Dealing, Arranging, Advising, Custody and Equities Trading. CSA obtained its license on April 25, 2017 and started conducting business on January 22, 2018. CSA provides a full range of financial advisory services with respect to mergers, acquisitions and divestitures and also advises on public and private projects, joint ventures and strategic alliances and privatization. CSA also advises on debt and equity raising, structuring and restructuring.

Mutlaq Hamad Al-Morished ChairmanMr. Mutlaq H. Al-Morished sits as a board member of GCC Board Directors Institute, Bank Audi and Small &amp; Medium Enterprise Bank (SME Bank). Chairman of the board of National Metal Manufacturing &amp; Casting Co. (Maadaniyah) &amp; CITI Group in Saudi Arabia.Prior to his present post, He was the Chief Executive Officer (CEO) of TASNEE, Executive Vice President of Corporate Finance (CFO) at SABIC, Vice President of Metals SBU, EVP Shared Services, President of SADAF and HADEED, consecutively. He was also Chairman of the Board of YANSAB, SABIC Capital in Netherland, SAUDI KAYAN, SABIC Captive Insurance Limited in UK and Alinma Investment Co. He was board member of Alinma Bank, Alinma Tokio Marine (ATMC), Gulf Petrochemical &amp; Chemical Association (GPCA), General Organization of Saudi Arabian airlines, Gulf Bank in Bahrain, Aluminum Bahrain (ALBA), A. M. Bin Saedan Real Estate Co. TASNEE, Saudi General Authority for Military Industries, TRONOX (NYC), And the Advisory Board for Economic Affairs of the Supreme Economic Council of Saudi Arabia.Mr. AL-Morished holds an MBA degree from Stanford University, a Master of Science degree in Nuclear Engineering from Princeton University, and a Bachelor of Science degree in Nuclear Physics &amp; Mathematics from the University of Denver.Ali Husein Alireza Independent Board MemberMr. Alireza is the Managing Director of Haji Husein Alireza &amp;Co., He is also the Chairman of Herts Rental and Leasing, Chairman of National Computer Systems Company (NATCOM), Chairman of Ajil Financial Services Company, Chairman of the Board of The Arabian Petroleum Supply Company (APSCO), Member of the Jeddah Province Governate Advisory Council, and the Chairman of the Saudi Arabian Rowing Federation. Previously, Mr. Alireza was a Board member of SAMBA financial group, Chairman of SAMBA Capital, Chairman of the Board of Al Alamiya Cooperative Insurance Co. and Chairman of the Board of Gulf One Investment Bank in the Kingdom of Bahrain.Mr. Alireza holds an bachelor degree in Business Administration from the University of Southern California in Los Angeles, and an MBA degree from Pepperdine University in California.Carmen Haddad Vice-Chair, Middle East Wealth ManagementMs. Carmen Haddad is the vice chair of the board and has been the Citi Saudi Arabia Chief Country Officer until December 2024. Carmen joined CPB Middle East in January 2000 and has held several senior client coverage and management roles. She began her career in 1993 at JP Morgan Chase in London in the Asset Management Division after which she worked as a financial consultant at Lehman Brothers until 1997 covering Middle East &amp; North Africa Institutional and Private Clients and subsequently joined Merrill Lynch for 3 years in Private Client Services focusing on U.S. equity trading and alternative investments. In June 2013, Ms. Haddad was appointed Co- Chair of Citi Women Network for the UAE and is a Regional Board member of "Injaz Al Arab". Carmen is also an eight-time winner &amp; Hall of Fame member of CPB Chairman's Council. Mrs. Haddad graduated with a bachelor's degree in arts from the University of Richmond.Ebru Pakcan Board Member, Head of Middle East &amp; Africa Cluster&nbsp;Ms. Pakcan was appointed Head of Middle East &amp; Africa Cluster in May 2021, leading the Citi franchise, and serving clients across 59 markets, including Central Asia. Ms. Pakcan is based in Dubai.Prior to that she was the Head of Global Trade business at Citi since February 2020. In this role, Ms. Pakcan was actively engaged with Citi's clients across Corporate, Financials Institutions and Public Sector entities, developing working capital and trade financing solutions to meet their evolving requirements. She led a team of business managers, product and sales specialists across the globe in a set of diverse markets and disciplines.Previously she headed up Treasury and Trade Solutions (TTS) business for Europe, Middle East and Africa (EMEA) region based in London. Prior to that, Ms. Pakcan managed the Global Payments and Receivables business for the Treasury and Trade Solutions (TTS) based in New York until Nov 2016 and held the same position for EMEA region based in London between 2008 and 2012.Ms. Pakcan joined Citibank in Turkey in 1997 as a Project Manager in Technology department and later expanded responsibilities in Operation and Technology division in various management positions. She held numerous roles across multiple countries including the position of the Securities Country Manager (SCM) in Turkey, managing the custody and clearing business. In 2004, she moved to London to lead the Transaction Services EMEA Implementation team, responsible for the end-to-end delivery of new business mandated by Citi’s institutional clients in the EMEA region.Ms. Pakcan holds a degree in Computer Engineering from Bogazici University in Istanbul, Turkey.Ms. Pakcan has been actively engaged with the Payments and Trade industry, having served on the Board of CHAPS Clearing Company in UK and the Board of The Clearing House Payments Company L.L.C. in the United States. Ebru has also served as a Director on the Board of Citibank Europe Plc in Ireland and is currently a Director on the Board of Citigroup Saudi Arabia.Fahad Aldeweesh Board Member, Chief Executive Officer (CEO) &amp; Banking Head, Saudi ArabiaMr. Fahad Aldeweesh brings over 20 years of experience in the financial services industry, having held senior leadership positions at leading international banks in the Kingdom of Saudi Arabia. His expertise spans across investment banking, private equity, equity capital markets, debt capital markets, structured finance, mergers and acquisitions, financial markets, brokerage, and custody services.Currently, Mr. Aldeweesh serves as Chief Country Officer &amp; Banking Head, overseeing Citi’s operations in Saudi Arabia. In addition to his executive role, he is a board member of the Saudi Exchange, Aseer Investment Company, and King Faisal School. He is also actively involved in the Capital Market Institutions Committee, where he chairs the Arranging &amp; Advisory Sub-Committee.Mr. Aldeweesh holds a Bachelor of Science from the University of Southern California and a Master’s in Finance from the University of Arizona. He is also a CFA charter holder. &nbsp;

Board of Directors

Fahad Aldeweesh CEO, Chief Country Officer and Banking Head&nbsp;Mr. Fahad Aldeweesh brings over 20 years of experience in the financial services industry, having held senior leadership positions at leading international banks in the Kingdom of Saudi Arabia. His expertise spans investment banking, private equity, equity capital markets, debt capital markets, structured finance, mergers and acquisitions, financial markets, brokerage, and custody services.Currently, Mr. Aldeweesh serves as Chief Country Officer &amp; Banking Head, overseeing Citi’s operations in Saudi Arabia. In addition to his executive role, he is a board member of the Saudi Exchange, Aseer Investment Company, and King Faisal School. He is also actively involved in the Capital Market Institutions Committee, where he chairs the Arranging &amp; Advisory Sub-Committee.Mr. Aldeweesh holds a Bachelor of Science from the University of Southern California and a Master’s in Finance from the University of Arizona. He is also a CFA charter holder.Sarah Altamimi Head of Saudi Equity Brokerage, Citigroup Saudi ArabiaSarah Altamimi joined Citigroup Saudi Arabia in December 2018 to build and lead the Saudi Equity Trading platform. She brings 17 years of experience in equity trading, having held senior roles at top-tier financial institutions. Her career began at Fransi Tadawul, where she oversaw institutional brokerage operations. She then joined Morgan Stanley to help establish their Saudi equity desk and was part of the team that executed the first swap transaction allowing international investors to access Saudi equities. Prior to Citi, she served as Vice President at J.P. Morgan Saudi Arabia, where she was responsible for setting up and managing the equity trading desk for six yearsIn addition to her current role, Sarah served as Interim CEO of Citigroup Saudi Arabia from 2022 to 2023, leading the firm through a key strategic transition. She is also an active member of the Trading Capital Market Committee, contributing to the development and enhancement of Saudi Arabia’s capital markets.Olukayode Bababunmi Chief Finance OfficerOlukayode joined Citigroup Inc. in 1999 and was a core member of the project team that led the setup of Citigroup Saudi Arabia legal entity in 2017. He is a seasoned Finance professional with in-depth knowledge and broad understanding of Financial Management, Financial Control, Risks Management, Corporate Treasury, and Tax Management. His banking experience spans across Finance, Internal Controls, Project Management and Operations and Technology. Previously, he held roles within the Controllers discipline in Nigeria, including Franchise Controller, Chief Finance Officer (acting), oversight responsibility for Internal Capital Adequacy Assessment Process (ICAAP) and anchoring regulatory and Tax engagements.Olukayode holds both Bachelor of Science (BSc.) and Master of Business Administration (MBA) degrees from Obafemi Awolowo University in Nigeria, as well as a Master of Science (MSc.) in Professional Accountancy degree from University of London. In addition, Olukayode holds the CFA Charter issued by the Chartered Financial Analysts Institute (CFAI) and is also a Fellow Chartered Accountant (FCA).Dania Ashgar Chief Compliance Officer and AMLRODania has joined Citigroup Saudi Arabia as the Country Chief Compliance Officer ("CCCO") and Money Laundering Reporting Officer (“MLRO”) effective December, 28, 2022. Dania has more than 13 years of experience in Compliance, Financial Crimes, Governance and Risk Management. She has joined Citigroup from Morgan Stanley where she was leading the compliance department in Saudi. Prior to this she worked for Sedco Capital where she was a senior manager in the compliance and AML department. Dania was the Head of Legal, Compliance and Financial Crimes for Gulf Finance in 2014-2019. She started her career at Sidra Capital where she held several function within the Compliance function.Dania holds a Bachelor Degree in Banking and Finance from Dal Alhekma Univesity in Jeddah, Saudi Arabia.Mohamed Kassem Services (Custody) Head Saudi Arabia and Gulf Cluster Citigroup Saudi Arabia“Kassem” is responsible for Citi’s Securities Services business in Saudi Arabia and across the Gulf region. He brings over 24 years of experience in Finance and Securities Services across different global markets. is responsible for Citi’s Securities Services business in Saudi Arabia and across the Gulf region. He brings over 24 years of experience in Finance and Securities Services across different global markets.Prior to his present role with Citi, Kassem had spent 20 years with HSBC Group assuming different responsibilities in Securities Services of which being the Head of Foreign Investors Market Access and Business Development in HSBC Saudi Arabia where he was one of the main players who drove the opening of Saudi Securities Market to foreign investors and boosting foreign inflows into the Kingdom.Also, Kassem was the Deputy Head of HSBC Securities Services in Egypt and Head of Clients Relations. This is in addition to multiple senior positions he assumed with HSBC in various markets such as Hong Kong, Jordan.Kassem is holder of MBA in finance from Heriot Watt Univ., PMP certified, and holder of Bachelor's Degree in finance from Faculty Commerce “English Studies” / Cairo Univ. Also, holding multiple securities and advising certifications from both UK CISI and IFBL in Luxembourg.

Management Team

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CEO / Chief Country Officer and Banking Head, Saudi Arabia

Fahad Aldeweesh

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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.

企业与机构客户银行服务

花旗为企业、金融机构、公共部门及其他客户提供一系列战略性企业融资和咨询解决方案。我们凭借独一无二的全球网络，将跨国企业引入中国，并助力中国企业出海。花旗全球的网络和服务助力超过300家中国领先企业走向全球。我们还支持许多快速成长的中型企业，并为70%的财富500强企业提供服务。

Banking

Banking listens, collaborates and problem solves, working tirelessly on behalf of our corporate, financial institution, public sector and sponsor clients to deliver a range of strategic corporate finance and advisory solutions that meet their needs, no matter how complex.

MARKETS

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

金融市场服务

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。

金融市場

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.

SERVICIOS

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

财资与贸易金融及证券服务

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。

Services

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.

U.S. Personal Banking

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.

銀行、資本市場及財務顧問服務

我們提供完善的銀行、股權與債權資本市場及併購財務顧問的產品和服務，致力成為機構客戶最佳的財務夥伴。

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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