Citicorp corrects second graph, first line; read it John S. Reed, chairman, noted, sted Reed noted:.NEW YORK--(BUSINESS WIRE)--Dec. 8, 1995--Citicorp announced that Victor Menezes Victor J. Menezes (May 14, 1949 - ) is an engineer and banker, who acts as a top official in international financial organizations. He is originally from India and received his degree in electrical engineering from the Indian Institute of Technology, Bombay in 1970. has been named chief financial officer. He succeeds Christopher J. Steffen, who has resigned. John S. Reed For other persons of the same name, see John Reed. John Shepard Reed (born 1939) is the former Chairman of the New York Stock Exchange. He previously served as Chairman and CEO of Citicorp, Citibank, and post-merger, Citigroup. , chairman, noted: "The results of the past several years have evidenced great progress in the company's development, but there is more to do. We need to strengthen our focus on delivering performance, including productivity programs and our cost/revenue profile. "Victor is an international executive who has both consumer and corporate banking experience, and has worked in Asia, 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. , Europe, and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Most recently, he has succesfully been managing Citibanking in Europe and North America, growing revenues and improving service quality while reducing costs. Victor will be responsible for the company's capital and funding, financial control and audit activities as well as the cross-company effort to improve productivity. "Chris has helped us importantly over the past three years and introduced many of the disciplines of an industrial company to Citicorp. We thank him and we wish him well." CONTACT: Citicorp, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of John M. Morris, 212/559-9425 Frederick A. Roesch, 212/559-2715 |
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