Dubai–Citi recently appointed Elissar Farah Antonios as Chief Executive Officer of Citi UAE. Mrs. Antonios transfers from Citi Lebanon where she has been the Bank’s CEO since 2012.
Mrs. Antonios is a seasoned banker with extensive experience in Wealth Management. She started her career in 1990 in London and had served at several global banks with a focus on Arab private banking clients. She joined Citi in 2005 as Head of Private Banking in Abu Dhabi and later across all the UAE before assuming her Lebanon role.
Commenting on her new role, Mrs. Antonios said: “I am delighted to have the opportunity to lead Citi UAE. We have a very strong franchise in the country and will continue to provide the highest standards of products and services to our clients, while fulfilling our role as an active member of the UAE banking community.”
Mrs. Antonios will report to Atiq Rehman, Head of Citi’s Middle East and Africa Region. Mr. Rehman’s responsibilities were recently expanded to include leadership of the bank’s business in Sub Saharan Africa in addition to Middle East and North Africa. He will continue to be based in Dubai.
“The UAE is Citi’s largest and most diverse franchise in the Middle East and Africa regions, and a key market for Corporate & Investment Banking as well as Wealth Management businesses,” commented Mr. Rehman. “I am confident that Elissar’s leadership will add material value to our clients in the UAE, and help the firm develop more growth opportunities in the country.”
Citi is present in twenty four markets in the Middle East and Africa regions. Its operations in the UAE include a full spectrum of wholesale financial services namely Corporate & Investment Banking, Capital Markets, Sales & Trading, Transactions Services, Private Banking and Islamic Banking. Citibank, the consumer banking arm of Citi, is currently a major player in the UAE’s credit card market and a leading provider of Wealth Management and Consumer Credit services.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.