Citibank Appoints New Retail Bank Head in ČR

The appointment highlights the increasing importance of consumer banking for Citi in the Czech Republic.

Expats.cz Staff

Written by Expats.cz Staff Published on 05.11.2010 17:10:17 (updated on 05.11.2010) Reading time: 2 minutes

Prague – Citi has named

Petr Řehák Retail Bank Head

of Citibank Czech Republic, the company’s retail banking unit. The appointment highlights the increasing importance of consumer banking for Citi and in line with the commitment to Czech Republic franchise.Mr. Řehák is an experienced professional in the retail business with 15 years experience, including 4 years in eBanka as Member of the board of directors responsible for business, restructuring, development and merge with new strategic partner. Petr’s last position before joining Citi, was General Manager for Czech Republic and Slovakia in mBank. He has experience also from Komercni banka, CSOB and aviation sector. Petr Řehák has graduated at University of Jana Evangelisty Purkyne, Faculty of Social and Economic Studies. He is married with one child.“Citi has gained market leadership position in Cards business through constant innovation and enhanced customer value proposition over the last few years and we are keen to establish the same in Retail business with focus on wealth management and transactional banking given the globality, reach and expertise of Citi worldwide. We are happy to have Petr on board, as he brings a wealth of relevant market experience and great track record as we pursue this ambition”, said

Bhaskar Katta, Consumer Bank Head

of Citibank Czech Republic.“I am very pleased to join Citibank and look forward to leading the expansion of the consumer business. We will continue to focus on providing high-class services with an individual approach. Our further plans aim also the wealth management development as an important step to satisfy the clients´ demands. Citi´s wealth management proposition is indeed one of the best on the local market and my ambition is to make it even more attractive for our customers,” says Petr Řehák, new Retail Bank Head of Citibank Czech Republic.

Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

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