Citi Annual Africa Banks Forum Held in Zanzibar, Tanzania

Between August 11 and 13, the Tanzanian archipelago of Zanzibar hosted 30 senior officials from Citi banks in Burkina Faso, Cameroon, Cote d’Ivoire, Ethiopia, Gabon, Ghana, Kenya, Mauritius, Mauritania, Malawi, Mozambique Tanzania Uganda and Zambia for the annual Africa Banks Forum, which seeks to explore emerging trends, challenges and opportunities in the African financial sector.   During the forum, senior managers from Citi’s Institutional Clients Group led sessions discussing trends in correspondent banking, the regulatory landscape, growth strategies for syndicated loans, management of assets and liabilities, and the complexities of compliance as well as workshops regarding payments innovation, liquidity and deposit strategies According to Citi Tanzania’s Country Officer, Joseph Carasso, the forum offers the opportunity to learn from the experience and expertise of his colleagues in the Citi network. “The Citi Academy for financial institutions professionals harnesses the knowledge and expertise of the individuals that make up Citi and the programs are designed to deliver the value of the Citi network to our clients by keeping them informed of the changing market to enable one to make better business decisions,” he said. The Africa Banks Forum is a part of Citi’s global initiative to engage its clients from financial institutions with strategic dialogue and hands-on training.