Citi Transaction Services strengthens Montreal presence

Veteran additions to complement the company's Canadian growth strategy

MONTREAL, Feb. 21, 2013 /CNW/ - Citi Transaction Services has added experienced financial services talent to its Montreal office, as the business continues to grow in Canada.  Joining Citi are Michael Garneau, Director and Client Manager; and Suzy Aghbashian, Vice President and Account Manager.

Michael Garneau has more than 25 years of experience in the financial services industry and most recently led business development and client management for State Street in Eastern Canada.  As Director and Client Manager, he will seek to grow and support the company's roster of clients in Montreal and throughout the province of Quebec and other parts of Eastern Canada.

Suzy Aghbashian has nearly 20 years of progressive experience specializing in payments, and has held management roles with TD and Chase Paymentech.  She began her career with Citi in Canada.  As Vice President and Account Manager, Suzy will support the needs of Citi's growing client base from its Montreal office.

"We are pleased to have Michael and Suzy as part of the Citi Canada team," said John Landry, Managing Director and Head of Citi Transaction Services in Canada.  "Their industry expertise, knowledge of institutional banking and the Quebec and Eastern Canadian market will undoubtedly be a benefit to our clients and help us continue to grow in Canada."

Citi Transaction Services, a division of Citi's Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi's Transaction Services supports over 65,000 clients. As of the fourth quarter of 2012, it held on average $428 billion in liability balances and over $13.2 trillion in assets under custody.

In Canada, Citi Transaction Services employs more than 800 financial services professionals with offices in Toronto, Mississauga, Ottawa, Montreal and Calgary.  In 2012, Citi Transaction Services Canada was named "Best Internet Bank in Canada" by Global Finance, for the third year in a row.

###

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.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

SOURCE: Citi

Troy Underhill, Public Affairs, Citi Canada, [phone]