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The Financial Express

Citibank NA organises ‘China Day Event’ in Bangladesh

| Updated: April 12, 2019 10:14:10


Citibank NA holds ‘China Day Event’

Citibank NA Bangladesh has hosted the ‘China Day Event’ underlining its commitment to support Chinese clients operating in the country.

Economic Counsellor Li Guangjun, Embassy of the People’s Republic of China, Clients and Regional and Cluster Seniors from Citi, were present at the event.

James Morrow, Citi Sub-Cluster Head, for Bangladesh & Sri Lanka, N. Rajashekaran, Managing Director and Citi Country Officer, Bangladesh, and Shams Zaman, Bangladesh Head of Corporate and Investment Banking, also joined the programme.

James Morrow outlined the global lender’s focus on serving Chinese clients and connectivity with the Belt and Road (BRI) initiative, said a media release received today (Wednesday).

He said, “The Belt and Road is a very ambitious plan that holds the potential to support the development of many countries. It is truly transnational in scope covering over 120 countries, home to 65 per cent of the world’s population and 41 per cent of GDP.”

“Citi with its worldwide network is in over half of these markets and is perfectly positioned to act as a partner,” he added.

N Rajashekaran said, “We are banking many of Asia’s corporate champions and major MNCs. With a global network and in-depth local market knowledge, we are uniquely positioned to advise our clients as they think through this evolutionary process and the potential future optimisation of their operations and supply chains.”

Shams Zaman said, “With our local expertise and long-standing relationships with clients and regulators along the Belt & Road, it places Citi in an excellent position to be the partner of choice for clients as they move forward on the BRI”.

Covered during the event was an overview of the bank’s capabilities across the Belt and Road from areas such as Corporate and Investment Banking, Treasury and Trade, Securities Services and FX Solutions.

Beibei Li, Citi Global Head of BRI, April Zhou, representative, Citi South Asia China Desk- Jamie Wang, representative Citi Greater China Desk, and Wang Huan, representative, Citi Asia Pacific Product Sales China Desk, were also present.

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