Citi announced the appointment of Usman Ahmed as chief executive officer of Citi Malaysia, effective Feb 1, 2021. Usman will be responsible for leading the country team and protecting the Citi Malaysia franchise, leveraging Citi’s global strengths. He will also have oversight of the Citi Solutions Centres in Malaysia.
He is at present the City country officer and corporate bank head of Bahrain and also as global head of Islamic banking and cluster head of Bahrain, Kuwait and Qatar
In his 21 years with Citi, Usman has held a range of senior leadership roles in Bahrain, Hong Kong, Pakistan, the Philippines, United Arab Emirates and the United Kingdom.
In these roles, he manages the full spectrum of Citi’s institutional clients group and consumer franchises, including the cluster support centers based in Bahrain.
“I am confident that the diversity and depth of Usman’s experience across franchise leadership, in corporate and investment banking as well as Islamic banking will prove valuable to our strategic growth plans in Malaysia.
“We have a strong footprint here and Citi remains the leading bank for cross border transactions, serving clients with regional and international business operations,” Gupte said.
Usman Ahmed will be replacing Lee Lung Nien who left the position on Sept 1, 2020
Usman is taking over the CEO role from Lee Lung Nien, who left the position on Sept 1, 2020, to become chairman, South Asia, of Citi Private Bank.
Citi has been in Malaysia since 1959 and has a workforce of close to 5,000 employees. The Citi Solutions Centres, located in Kuala Lumpur and Penang, support Citi operations in over 50 countries globally.
Awarded “AAA” rating by RAM Ratings for the past 20 consecutive years, Citi Malaysia provides consumers, corporations and institutions with a broad range of financial products and services, including consumer banking, corporate and investment banking, securities brokerage, transaction services and wealth management