Jeff will be responsible for consolidating our sales efforts across all Markets products for Financial Institutions and Corporate Solutions clients, onshore and offshore, in full partnership with our product areas and Banking & International. This structure will enable us to leverage our collective client relationships, sales experience and expertise, extract synergies, develop our talent and deliver value to both our clients and Citi. Jeff will report to Cecile Gambardella and Ji Yang.

Along with Jeff’s appointment, please also note the following:

• Jing Li will lead our sales efforts across all Markets products for Financial Institutions in China with a focus on both onshore and offshore. Financial Institutions Sales team will report to Jing Li. Jing will report to Jeff.

• The Corporate Solution Sales team (CSG) covering China clients will report to Jeff and Yoshiyuki Takano.

Jeff joined Citi in 2010 and has been an outstanding contributor to our business in China. In recent years, he successfully led the China Solutions Sales team, extracting synergies between Citi’s Financial Institutions and Corporate Solutions businesses while fostering a collaborative culture.

Please join us in congratulating Jeff in his new role and wishing him the best in achieving our goals across the Markets Sales Organization.