Citi appoints new CEO for Bahrain business

Citigroup has appointed Usman Ahmed as the chief executive of its Bahrain business as well as its Islamic investment banking division, the U.S. bank said on Tuesday.

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.

Ahmed takes over from Mazin Manna, who had held the roles since 2010 but in July joined Credit Agricole as senior regional officer of the Middle East and North Africa.