Citibank makes announcement.NEW YORK--(BUSINESS WIRE)--May 3, 1995--Citibank announced today that Jamshid Ehsani, principal financial officer at the World Bank, will join the company in its global derivatives business. Mr. Ehsani will be responsible for establishing a unit to service the risk management needs of sovereign and supranational Supranational An international organization, or union, whereby member states transcend national boundaries or interests to share in the decision-making and vote on issues pertaining to the wider grouping. entities. He will report to Bob Khanna, head of derivatives origination and structuring in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Mr. Ehsani has been with the World Bank for ten years and was most recently responsible for the Bank's activities in the derivatives markets The derivatives markets are the financial markets for derivatives. The market can be divided into two, that for exchange traded derivatives and that for over-the-counter derivatives. , including its funding and liability/risk management. During his career at the World Bank, Mr. Ehsani gained extensive experience in both the European and Latin American markets. He initially was responsible for the Bank's multi-million dollar oil and gas lending program in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . In 1987, he became country desk economist for Columbia responsible for assessing the country's credit worthiness and the Bank's lending strategy in Columbia. In 1988, he transferred to the Bank's treasury operation. He holds a PhD in Energy Economics from Sorbonne University and Ecole Nationale Supirieure du Pitrole et des Moteurs (the French Petroleum Engineering Institute); a post-MSc also from Ecole Nationale Supirieure du Pitrole et des Moteurs, and a MA in Econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. from the University of Paris. CONTACT: Citibank Press Contact: Amy Dates, 212/559-7608 |
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