Dhaka, Apr 10 (UNB) – Citibank, NA, Bangladesh recently hosted the “China Day Event” underlining its commitment to support Chinese clients operating in Bangladesh.
Chinese embassy’s Economic Counsellor Li Guangjun, clients and regional and cluster seniors from Citi, attended the event.
Delivering the opening remarks, James Morrow, Citi Sub-Cluster Head, for Bangladesh and Sri Lanka, outlined Citi's focus on serving Chinese clients and connectivity with the Belt and Road (BRI) initiative.
“The Belt and Road is a very ambitious plan that holds the potential to support the development of many countries. It is a truly transnational in scope covering over 120 countries, home to 65% of the world’s population and 41 % of GDP,” he said.
“Citi, with its worldwide network, is in over half of these markets and is perfectly positioned to act as a partner,” he added.
N Rajashekaran, Managing Director and Citi Country Officer, Bangladesh, said: “We’re banking many of Asia’s corporate champions and major MNCs. With a global network and in-depth local market knowledge, we’re uniquely positioned to advise our clients as they think through this evolutionary process and the potential future optimisation of their operations and supply chains.”
Shams Zaman, Bangladesh Head of Corporate and Investment Banking, said, “With our local expertise and long-standing relationships with clients and regulators along the Belt and Road, it places Citi in an excellent position to be the partner of choice for clients as they move forward on the BRI”.
An overview of Citi’s capabilities across the Belt and Road, from areas such as Corporate and Investment Banking, Treasury and Trade, Securities Services and FX Solutions were covered during the event.
The event was also attended by Beibei Li, Citi Global Head of BRI; April Zhou, representative , Citi South Asia China Desk; Jamie Wang, representative Citi Greater China Desk and Wang Huan, representative, Citi Asia Pacific Product Sales China Desk.