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For Immediate Release Citigroup Inc. (NYSE: C)

Citi Appoints Gunjan Kalra as Asia Pacific Head of Citi Commercial Bank

August 11, 2023

SINGAPORE - Today, Citi appointed Gunjan Kalra as Asia Pacific Head of Citi Commercial Bank (CCB). Gunjan will be assuming her role on September 1, 2023, and will report to the Global Head of CCB, Tasnim Ghiawadwala and Citi Asia Pacific Chief Executive Officer (CEO), Peter Babej.

Based in Singapore, Gunjan joins the commercial bank from Citi's Markets business where she was most recently the Asia Pacific Head of Corporate Sales & Solutions. Assuming the role since 2021, she has led a team of 150 salespeople across the region to deliver Markets products to corporate and commercial banking clients in Asia Pacific. Gunjan also served as Asia Pacific Head for the Corporate Solutions Group from 2015 to 2021.

In her over two decades at Citi, Gunjan has accumulated extensive experience and a deep understanding of our Markets franchise, including working with CCB clients. She has held leadership roles across Asia Pacific and Latin America and managed complex businesses across various asset classes and client segments.

Tasnim Ghiawadwala, Global Head of CCB said, "I am pleased to welcome Gunjan as our new Asia Pacific Head for the Commercial Bank. Gunjan's appointment is further demonstration of the connectivity across the Institutional Clients Group. Her Markets background and deep knowledge of Citi will be crucial in ensuring we continue to drive our CCB strategy and provide our Asia Pacific clients with the products and services that will enable their growth, address their cross-border needs and support them on their path to going global."

Peter Babej, Asia Pacific CEO, Citi, added, "Commercial banking is a centerpiece of Citi's strategy across Asia Pacific, matching the strong cross-border aspirations of our local clients and the power of our global network. With Gunjan's proven leadership and broad experience, we look forward to driving our franchise to its full potential."

CCB serves clients in 11 markets in Asia Pacific across North Asia, South Asia, and ASEAN. By leveraging Citi's global network, clients are actively accessing our services across cash management, trade, and financial lending to address growth challenges and opportunities.

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 offinancial products and services.

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