Citi Romania boss takes over Czech and Slovakian markets
Shahmir Khaliq, 40, the chief executive of Citibank Romania, has
been promoted by being put in charge of two more markets in the
region, where the US financial group operates - the Czech Republic
and Slovakia.
After four years in Bucharest, Khaliq is said to move to Prague,
where he will supervise Citi's strategy for Romania, Czech
Republic, Slovakia and Bulgaria, banking sources say. A new chief
executive will be appointed for the Bucharest branch of Citibank
Europe.
Khaliq first came at the helm of Citi operations in Romania in
February 2006, after a period of frequent changes in the bank's
management. In 2008, he persuaded the American group to develop an
offer of banking products and services for individual clients, as
well, not just for corporate entities. Citibank had positioned
itself as a corporate business bank since its entry on the market
in 1996. Despite the crisis, standard retail products and a Citi
Gold package for above average income clients were launched in the
autumn of 2009.