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Citi CEO: The growth opportunities in Israel are huge

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Thursday, December 23rd, 2010

As reported in Globes:

Citigroup Inc. (NYSE: C) CEO Vikram Pandit is in Israel. He has met economic leaders, and Prime Minister Benjamin Netanyahu, who made time for him from his schedule, which is currently crowded because of the need to deal with aid for victims of the Carmel fire.

This is Pandit’s first visit to Israel, and was made to mark Citigroup’s tenth anniversary of activity in the country. The visit is considered mostly representative, given Citigroup’s aim to expand its Israeli operations and strengthen the position of its local branch in the country’s corporate banking sector.

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