Citigroup's two senior officials due today
Sanjay Nayar, area head for Citigroup South Asia and chief executive officer, India, and Robert A. Annibale, Citigroup's global director of Microfinance, are likely to arrive in Dhaka today on a two-day special visit.During the visit, Nayar is scheduled to open the offshore banking service counter of Citibank NA Bangladesh in Dhaka Export Processing Zone in Savar, while Annibale is scheduled to meet leading MFIs and possible investors in this business, says a press release. Both the senior officials of Citigroup will remain present at the launching ceremony of the first securitisation of micro credit receivables in Bangladesh by BRAC driven by Citigroup in the role of co-lead arranger, investor and account bank while also being the facilitator of the concept with the investors and regulators.
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