Atiq Rehman, Head of EMEA Emerging Markets (EM) Cluster, will retire from Citi after after 37 years with bank.
Rehman has made immense contributions to Citi, including playing a pivotal role in the evolution of Citi’s leading emerging markets franchise, a statement said.
Rehman joined Citi graduate trainee programme in Pakistan in 1984, moving to London in 1993 to take up a role in investment banking. He then held a variety of regional and global roles in Citi capital markets, loans, and leveraged finance businesses. In 2009, he relocated to Dubai to lead the Citi franchise in the Middle East, and his role subsequently expanded to include North Africa and Sub-Saharan Africa.
In 2019, he assumed leadership of the newly created EMEA EM Cluster, covering activities in 29 of 55 presence countries in the region.
Rehman has managed several of Citi’s most important client relationships in the region, while leading a number of franchise-defining transactions.
He is departing an EMEA EM franchise that is ideally positioned to bring EM investment opportunities to global clients, and to help EM clients access capital and new customers, said the statement.
The evolution in these markets over the past decade has created a host of new opportunities for Citi’s clients, and the EMEA EM Cluster was created to harness the significant potential inherent in this business, it said.
A process will begin immediately to identify Rehman’s successor as Head of the EMEA EM Cluster, it added. – TradeArabia News Service