BWI: Citi India Appoints Muge Yuzuak As Head Of Cards Business

Press release from Business Wire India
Source: Citi
Tuesday, September 06, 2011 11:50 AM IST (06:20 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Information technology; Technology
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Citi India Appoints Muge Yuzuak As Head Of Cards Business


Mumbai, Maharashtra, India, Tuesday, September 06, 2011 -- (Business Wire India) -- Citi India's Global Consumer Group today announced the appointment of Muge Yuzuak as the Head of Cards, India. A strong consumer financial services executive, with an in-depth knowledge of the Cards industry, Muge will run Citi India's Cards business. She succeeds Sandeep Bhalla, who is now the Retail Banking Head for Citi in India. Muge will report to Anand Selva, Country Business Manager, Global Consumer Group, Citi India.

"We have a strong and industry leading cards business that has set the benchmark in India. I am thrilled to have someone of Muge's caliber join our team. Muge has the ideal mix of developed and emerging markets experience that will be essential to building on our progress, expand our cards footprint and drive innovation," said Anand Selva.

Muge rejoins Citi after serving as Managing Director of Transit Ventures in New York wherein she established a Citi-wide initiative creating solutions for transit authorities globally. Muge began her Citi career in 1995 with Citicards Turkey and has varied experience across multiple markets and numerous functional areas including operations, marketing, sales, e-business, product management and innovation.

She served as the e-Business Director and new product management for Citicards in the US from 2001 to 2005, where she built online acquisitions and sales business and moved Citicards to 2nd place. She also launched and created a USD One Billion portfolio on the most innovative College Savings credit card. She has also worked as head of e-Business and growth initiatives for Global Cards and was the Chief of Staff for Citi's Global Consumer CEO based in the US.

Muge is a graduate of Istanbul University, Faculty of Economics. She also serves as a trustee on the international board of trustees of the world's biggest non-profit high school exchange program, AFS, as a volunteer and an alumna.

About Citi:

Citi, the leading global financial services company, 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. Additional information may be found at www.citigroup.com | Twitter:@Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Committed to India for over 109 years, Citi takes pride in being a premier locally-embedded financial institution backed by an unmatched international network. Citi's presence in India spans 42 Citibank branches across 30 cities and over 700 ATMs. With capital invested of over US$4 billion, Citi is the single largest foreign direct investor in the financial services industry in India and offers consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi is an employer of choice to approximately 7500 employees in India. Citi's franchise in India includes businesses such as equity brokerage, equities distribution, private banking (Citi Private Bank) and alternate investments and private equity (CVCI). In line with our commitment to make a positive difference in the communities where we work, Citi India's citizenship programme targets its strategic efforts in the priority focus areas of Financial Capability & Asset Building, Microfinance, Enterprise Development, and Youth, Education & Livelihoods. Additional information may be found at http://www.online.citibank.co.in/press-room/citi-in-india.htm



CONTACT DETAILS
Debasis Ghosh, Citi, +91 (22) 4001 5009, debasis.ghosh@citi.com
Pooja Ahluwalia , Citi, +91 (124) 418 6868, pooja.ahluwalia@citi.com
Shreela Roy, IpanhillandKnowlton, +91 9820149119 , sroy@ipanhillandknowlton.com

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY

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