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Citi names APAC bank services head

02 March 2010

Former trade head for Africa to take over responsibility for Citi’s Bank Services Group in the Asia Pacific region.

Read more: [Citi GTS] [Bank Services] [Trade Services] [Trade Africa] [Transaction Banking Asia] [Transaction Banking Africa]

Citi’s Global Transaction Services group has named Munir S. Nanji as managing director, regional head, Bank Services Group (BSG), Asia Pacific and Japan.

Based in Hong Kong, Nanji will report to Anthony Nappi, managing director, regional...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010