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Sinochem Group and Citibank Sign Memorandum of Understanding

Date:2019-04-02 Source:Sinochem Group

On March 26, Mr. Frank Ning, Chairman of Sinochem Group, met with the visiting delegation from Citibank’s Asia Pacific led by its CEO Francisco Aristeguieta. They witnessed the signing of the Memorandum of Understanding. During the talk, the two sides reviewed the achievements and experiences of cooperation, and highlighted in-depth exchanges on topics such as international economic and trade situation, China’s economic growth potential, and deepened cooperation.

Mr. Yang Lin, Chief Financial Officer of Sinochem Group, and Mr. Gerald Keefe, President of Citibank’s Asia Pacific Corporate Banking, signed the Memorandum of Understanding on behalf of each party. Mr. Chen Shumin, Deputy Chief Financial Officer of Sinochem Group, and Mr. Zhang Fang, Chief Technology Officer and Director of Innovation and Strategy Department, attended the signing ceremony.

Over the years, Citibank has been one of the key cooperative banks of Sinochem Group. The memorandum signed this time will consolidate and deepen the partnership on more areas, and better form a win-win situation between the two parties.