By Andrei Skvarsky
Mike Pendill has been appointed as Middle East head of Citigroup’s Global Subsidiaries Group (GSG) in a move that reflects the firm’s focus on multinational corporations operating in the Middle East.
Pendill, who will be based in Dubai, transfers from New York, where he has led the GSG business in North America, one of GSG’s largest markets, since 1999. A 30-year Citigroup veteran, he helped the bank gain a foothold in Russia and parts of Eastern Europe and steer the US based financial giant’s business in Hong Kong during the Asian crisis and in the midst of the former British colony’s handover to China.
GSG is part of Citigroup Global Markets Limited, Citi’s European investment banking arm, which offers a variety of services for multinational corporations, middle-market enterprises, small businesses and public sector clients.
