Malaysia remains key to Citi’s global growth strategy, says Vikram Singh


Citi country officer and banking head for Malaysia, Vikram Singh

KUALA LUMPUR: Malaysia will continue to play a key role in Citi’s global growth strategy as the banking group doubles down on its international network to drive stronger and more sustainable returns amid volatile global conditions.

At Citi’s 2026 Investor Day in New York on May 7, the bank outlined new growth and profitability targets while highlighting the importance of its presence across more than 90 markets worldwide.

Citi country officer and banking head for Malaysia, Vikram Singh, said Malaysia remains an important part of the bank’s global network and regional growth plans.

“Investor Day underscored Citi’s international network as a core competitive advantage and a key driver of our continued growth,” he said in a statement.

“We also highlighted the firm's progress in delivering sustainable returns through disciplined execution. Malaysia plays an important role within Citi's unparalleled global network.

“We remain focused on deepening client relationships locally and across the region, ensuring Malaysia continues to be a strong contributor to Citi's broader growth ambitions,” Vikram said.

Citi chair and chief executive officer Jane Fraser led the bank’s Investor Day presentation, which underscored its role in supporting cross-border business flows, with operations spanning more than 180 markets and about US$6 trillion moved daily through its network.

The bank said 42% of its markets' business revenues in 2025 came from non-G10 countries, while Asia Pacific contributed 30% of wealth revenues, highlighting the region’s growing strategic importance.

The Investor Day follows Citi’s strong first-quarter results announced in April, with revenue rising 14% year-on-year to US$24bil and net income climbing 42% to US$5.8bil.

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