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  • Citigroup Inc. (NYSE:C) Announces New Advisory Board for India

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    Thursday Feb. 10, 2011 at 12:40 pm EST
     
    Citigroup Inc. (NYSE:C) Announces New Advisory Board for India
    Citigroup Inc. (NYSE:C) today announced a new Advisory Board for its India operations with the appointment of Mr. Victor Menezes, former Senior Vice Chairman of Citigroup Inc., Mr. Pradeep V. Bhide, former Secretary, Department of Revenue, Ministry of Finance, Government of India, Dr. Anil Menon, President Globalization and Smart+Connected Communities, Cisco Systems Inc., Mr. Harish Manwani, President, Asia, Africa, Central and Eastern Europe, Unilever and Mr. Nanoo Pamnani, former CEO of Citibank India to the board. Mr. Menezes will be the Chairman of the Board.

    In addition to the above distinguished members, Mr. Shirish Apte, CEO Citibank Asia Pacific and Mr. Pramit Jhaveri, CEO Citibank India will also join the board as Citi representatives. The strength of the Board is a demonstration of India’s importance in Citi’s strategy for emerging markets.


    Shares of Citigroup Inc. (NYSE:C) are trading at $4.78 on Thursday at support level of $4.75. Major resistance points for Citigroup Inc. (NYSE:C) above current price are at $4.91 and $5.07 while major support levels for Citigroup Inc. below $4.78 are at $4.62, $4.39, $4.24, $4.11 and $3.97.


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