Citi’s Head of International Franchise Management Schlein: "We Are Committed to Kenya’s Growth"

Kenya, Nairobi – Citi, the world’s leading financial institution, is committed to Kenya’s economic and commercial development and wants to build its business in the country, said its International Franchise Management head, Mr. Michael Schlein, as he led a delegation of senior Citi officials from London and New York on a visit to Kenya.

During the visit, Mr. Schlein met the Governor of the Central Bank of Kenya to discuss the business environment generally. A lunch with the U.S. Ambassador and later a dinner for over 100 customers and distinguished guests was part of their itinerary. While in the country they also met with some of Citi Kenya’s 160 staff.

Mr. Schlein said, “We are pleased with the success of our business in Kenya and look forward to building on the solid base that we have developed. We are committed to this country’s economic and commercial success and we are uniquely positioned to support our existing and future clients as they create development opportunities in this market.”

Ade Ayeyemi, Citi Country Officer for Kenya said, “We are proud to be hosting a visit from senior Citi executives and to be providing them with an opportunity to interact with our valued customers who have given us their support over the years. We are pleased that there is continued strong demand for our products and services in Kenya.”

Citi has a strong tradition of business in Kenya dating back 33 years when it first opened a branch in the country. Its main business strategy in Kenya is consistent with its strategy across Africa: to deliver a range of world-class products and services to a specific target market of customers as well as to foster investment and build long-term relationships with our customers, business partners and the community.