Citi in Africa · Citi’s Africa graduate programme was established to address the growing need...
Transcript of Citi in Africa · Citi’s Africa graduate programme was established to address the growing need...
Gemma Lines, Head of Resourcing, EMEA16th May, 2014
Citi in Africa
Citi Human Resources
• Citi is a leading global bank, serving
approximately 200 million customer
accounts doing business in more than 160
countries and jurisdictions
• We celebrated our 200th Anniversary in
2012
• In Africa we have a strong & proud legacy.
We opened African operations in 1914 in
Liberia
• Today we have a presence in 16 African
countries and cover an additional 26
African countries from our Africa HQ in
Johannesburg
Citi: Who are we?
Changing perceptions of Africa…
May 13th, 2000
December 3rd, 2011
Then
Now
March 2nd, 2013
Putting Africa Into Perspective
6.5 7.5
5.4
4.0 4.7
4.0
8.6
6.4 5.6
4.3 4.3 3.6
Africa DevelopingAsia
ME LatAm CIS CEE
2010 - 2020 2020 - 2030Source: EIU, World Bank, World Energy outlook, IMF, Citi Analysis
15% of World
population
4% of World GDP
Land Mass 19%
Diamonds 53%
Gold 40%
Platinum 90%
Petroleum 10%
Natural Gas 7%
Proportion of Selected Global Resources in Africa
Africa: a Giant …
Population
(bn)
Real GDP
Growth
CAGR (%)
1.0 1.2
1.3
0.6
0.3 0.5
1.7
1.5 1.4
0.6
0.4 0.6
Africa India China Europe US LatAm
2010 2035
… with Unparalleled Growth Prospects Fastest growing
population in the
world
Africa to outperform
all other emerging
economies
Population: 1.1bn
= = = 3x
GDP:US$1.8tr
= = or 75%
USA
China
Brazil
EUIndia
Japan
India
Russia
USA
Brazil
African Coverage
Citi - One of the Broadest Footprints in Africa
Citi presently competes with both local and international players and has one of the most established footprints in Africa, making us a truly pan-African bank
The Gambia
Nigeria
Ghana
BeninIvory
Coast
Liberia
Sierra Leone
GuineaGuinea-Bissau
Senegal
Mauritania
WesternSahara
MaliNiger
BurkinaFaso
Morocco
Algeria
Tunisia
Libya Egypt
ChadSudan
EthiopiaCentral AfricanRep.
Cameroon
Eq. Guinea
GabonCongo
Rwanda
Angola
Namibia
South Africa
Botswana
Zimbabwe
Swaziland
Lesotho
Mozambique
ZambiaMalawi
Tanzania
D.R. Congo
Burundi
UgandaKenya
Madagascar
Somalia
Djibouti
Eritrea
Togo
Swaziland
Lesotho
CapeVerde
Mauritius
Seychelles
Presence Countries (16)
Non-presence Countries Covered by Citi (26)
South Africa (Headquarters of Citi Africa)
Key Competitor Footprints
17 Countries30 Countries 16 Countries
14 Countries15 Countries 14 Countries
Citi – Momentum supported by Global Trends
Citi Africa Graduate Programme
South Africa
Nigeria
KenyaUganda Tanzania
ZambiaCote d’Ivoire Senegal
Gabon
CameroonAlgeria
MoroccoTunisia
Congo DRC
� Citi’s Africa graduate programme was established to address the growing
need for local talent to support Citi’s business plan for the region
� 18 month programme designed to develop future business management and
leadership roles in key countries in the Africa cluster
� Rotation based programme to provide graduates with cross-franchise
knowledge to be the future leaders of this region
� Since 2012 there have been 20 participants with 20 new hires due this year