For Immediate Release

Citigroup Inc. (NYSE: C)

Turkey - The American Business Forum in Turkey (ABFT AmCham) announced that Turkey Citi Country Officer Serra Akçaoglu has been named the new Chairwoman of the Board of Directors and Audit Comittee at the ABFT's General Assembly on February 13.

Ambassador Francis J. Ricciardone, the U.S. Ambassador to the Republic of Turkey and the Honorary Chairman of ABFT Amcham, opened the meeting and announced the new members of the Board of Directors.

Serra Akçaoglu, who will be serving for a period of two years, extended her gratitude to the former Chairwoman and the Board Members for their valuable contribution to the ABFT AmCham and Turkish-American relations for the past several years: "On behalf of the newly-elected ABFT AmCham Board, I would like to thank you for your support and trust. The foremost reason for me in undertaking this role is that, I truly believe there is a tremendous potential for a bilateral union between Turkey and the United States. ABFT AmCham is very well positioned to leverage this potential with diversified and reputable members. As the new ABFT AmCham Board, our focus is to take it to the next phase and I am looking forward to working together as one team."

The American Business Forum in Turkey serves as an American Chamber of Commerce in Turkey and represents approximately 80 prestigious U.S. firms operating in Turkey. ABFT was established in January 2004 with a mission to improve the business and investment environment for U.S. companies in Turkey, ABFT has remained focused on this objective through advocacy and business development initiatives.

American Business Forum in Turkey's new Board of Directors consists of the following members:

Full Members of the Board of Directors

  • Serra Akçaoglu- Citi Turkey CEO
  • Serkan Elden - Pinebridge Investments President
  • Dan Matthews - Baker & McKenzie Managing Director
  • Ali Pandir - Fiat Chrysler Country Head
  • Halide Aydinlik - DuPont Turkey CEO
  • Tankut Turnaoglu - P&G Turkey Chairman

Alternate Members of the Board of Directors

  • Engin Kap - Amgen Turkey General Manager
  • Esra Iren - PepsiCo Legal and Corporate Relations Director
  • Adnan Keskin - Borusan / Caterpillar Assistant Director
  • Dilek Mutus - Wells Fargo Bank Managing Director EEMEA
  • Haluk Yalçin- PwC Turkey Senior Partner
  • Ragip Yergin - Liberty Insurance General Manager

Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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.

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