Citi appoints new Managing Director, Corporate Banking in Canada

Citigroup Inc. (NYSE: C)

TORONTO, March 29, 2016 /CNW/ - Citi is pleased to announce the appointment of Daljeet Lamba as Managing Director, Corporate Banking in Canada.

Mr. Lamba is an integral member of Citi's senior leadership team and will lead business and client development strategies as the company continues to grow in Canada.  Citi has corporate banking offices in Toronto, Montreal and Calgary. 

"We are pleased to welcome Mr. Lamba back to Citi," said John Hastings, CEO of Citibank Canada.  "His connectivity and expertise will ensure we continue to enhance our abilities to bring first-class products and service to our institutional clients, while leveraging Citi's unmatched global network."

Mr. Lamba has more than 15 years of experience in corporate and investment banking, most recently, as Managing Director, Global Corporate and Investment Banking at Bank of America Merrill Lynch and previously held senior roles with Citi in Toronto.  He holds a B.B.A. in Business from York University's Schulich School of Business and an M.B.A. from the University of Toronto's Rotman School of Management.

Citi's corporate bank is a leading provider of financial services to top-tier multi-national clients around the globe, serving the financial needs of the world's preeminent corporations and financial institutions.  The company's relationship bankers partner with product specialists to provide a full array of corporate banking solutions, from cash management, foreign exchange, trade finance, custody, clearing and loans, to capital markets, derivatives, and structured products.

Citi's roots in Canada date back to 1919.  The company currently employs approximately 2,700 individuals across a range of consumer and institutional business lines in Canada.

About Citi:
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.

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SOURCE CITIBANK CANADA

Shawna Van Esch, Citi Canada Public Affairs, [phone], [email protected]