1st June 2020

Citi Announces New TTS Head Middle East, North Africa Pakistan & Turkey

Citi are pleased to announce the appointment of Dave Aldred as TTS Head Middle East, North Africa, Pakistan & Turkey effective immediately.

As clients evolve their business models and explore ways in which they can respond to trends of digitization, disruption and change in every industry, Citi’s TTS business continues to be a market leader in the Middle East, North Africa, Turkey & Pakistan (MENAPT). Citi have a solid track record of innovation and offering uniquely customized solutions to support clients across the diverse set of present and non-present countries in the region. The bank's TTS platform will continue to offer growth opportunities for the Citi franchise in collaboration with the rest of their ICG businesses. Citi are excited with Dave’s appointment to lead the TTS business during this next phase of growth in MENAPT.

Dave has been the TTS MENAPT Corporate and Public Sector Sales Head since 2014 and during this time has undertaken job rotations which involved leading the MENAPT Cash Product Management business in 2017 and double-hatting Sales and Cash Product Management in 2020. Dave succeeds Emre Karter who became CCO for Turkey earlier this year. Dave will become a member of the TTS EMEA Executive Committee and the MENA Operating Committee. He will continue to be located in Dubai.

With over 32 years’ experience in Corporate and Transaction Banking, across both the developed and emerging markets, Dave will bring significant experience into the role. Prior to leading TTS MENAPT Corporate and Public Sector Sales, Dave had been the TTS EMEA Industry Sales Head for the Industrials, Energy, Power and Chemicals sectors based in London. Dave joined Citi in 2010 and, prior to this, worked in the TTS equivalents of JPM and Deutsche Bank having started his career in Corporate Banking at RBS. Dave holds an MBA from Cardiff Metropolitan University and a Post Graduate Certificate in Business Research Methods from Heriot-Watt University. He is also an Associate Member of both the Association of Corporate Treasurers and Chartered Institute for Securities & Investment.

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