Citigroup has appointed Usman Ahmed as the chief executive of its Bahrain business as well as its Islamic investment banking division, the said on Tuesday.
Reuters reports that prior to appointment, Ahmed was head of corporate and investment banking for Citi in the Philippines and head of Islamic banking in Asia, according to a statement.
In the meantime, Bloomberg News reports that Goldman Sachs Treasurer Liz Beshel Robinson is stepping down and will be replaced by Robin Vince.
Robinson, 46, will become an advisory director, a title given to some of the firm’s alumni who are no longer employees, at the end of the year, according to an internal memo Wednesday from CFO Harvey Schwartz. Laurence Stein, chief operating officer of the bank’s trading unit, will replace Vince as global head of the operations division, according to a separate memo.
Citi appoints Ahmed as CEO of Bahrain and Islamic investment bank
Goldman Treasurer Robinson to Leave as Vince Named Successor