Citi announced the appointment of Mihaela Penes as the Markets Head for Romania and Bulgaria. She will also join the management committees of the two countries, supporting the execution of Citi’s overall business strategy.

Citi’s Markets business offers customized solutions, insights, liquidity and risk management that support the diverse investment and transaction strategies of corporations, institutions, governments, investors and intermediaries worldwide.

Mihaela Penes succeeds Grigoriy Ananiev, who has been promoted and is now responsible for the Markets business in Citi’s Central Europe region.

Prior to this appointment, Mihaela Penes has been leading Citi’s financial institutions sales and solutions business for Romania, Bulgaria and other 11 countries, a role that she will also continue.  

Mihaela Penes has almost 20 years of experience in financial services. She has been with Citi since 2006, where she has held increasingly senior roles across customer service, institutional sales and markets businesses. Mihaela Penes is a graduate of both Economics and Law, has a Masters’ Degree from the Doctoral School of Finance and Banking (DOFIN) – Academy of Economic Studies in Bucharest and a Chartered Financial Analyst certification issued by the CFA Institute.