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Citi Romania boss takes over Czech and Slovakian markets

04.03.2010, 21:11 11

Shahmir Khaliq, 40, the chief executive of Citibank Romania, hasbeen promoted by being put in charge of two more markets in theregion, where the US financial group operates - the Czech Republicand Slovakia.
After four years in Bucharest, Khaliq is said to move to Prague,where he will supervise Citi's strategy for Romania, CzechRepublic, Slovakia and Bulgaria, banking sources say. A new chiefexecutive will be appointed for the Bucharest branch of CitibankEurope.
Khaliq first came at the helm of Citi operations in Romania inFebruary 2006, after a period of frequent changes in the bank'smanagement. In 2008, he persuaded the American group to develop anoffer of banking products and services for individual clients, aswell, not just for corporate entities. Citibank had positioneditself as a corporate business bank since its entry on the marketin 1996. Despite the crisis, standard retail products and a CitiGold package for above average income clients were launched in theautumn of 2009.

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