Citibank names Elissar Antonios as first woman to run MENA operations

Published 09 Dec,2020 via Daily News Egypt - Citibank has announced the appointment of Elissar Farah Antonios as Head of its Middle East and North Africa (MENA) Cluster.

Antonios will assume overall responsibility for driving Citi’s business in the region.

She joined Citi in 2005 as Head of Citi Private Bank in Abu Dhabi, and has more than 25 years of financial services experience in the region.

As Citi Country Officer (CCO) for the UAE since 2016, and Cluster Head for UAE, Levant and Iraq since 2019, Antonios has helped to advance Citi’s relationships with some of the most important clients in the region. In addition to her new cluster role, Antonios will continue as CCO UAE, whilst leading Egypt as part of the MENA region.

Citi’s global network is one of its key differentiators, and the emerging market access Citi provides its clients is unparalleled. Last year, the bank formed the Europe, the Middle East, and Africa (EMEA) Emerging Market (EM) Cluster, to bring these growing and dynamic markets under one management umbrella. The cluster has been charged with creating an even more compelling client offering, along with greater opportunities for its employees.

The EMEA Emerging Markets Cluster, under the leadership of EM Emerging Markets Head Atiq Rehman, already contributes approximately 30% of Citi’s net income in the EMEA region. The demand for Citi’s capabilities in 2020 has never been stronger.

The MENA region is among the fastest growing in Citi’s EM portfolio, where the bank is a market leading franchise. Given the substantial opportunities in the region, it is critical to ensure that Citi has continuity of leadership in place to build on its momentum.

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