Guam - Citibank is celebrating some major milestones from the inauguration of its newly renovated branch to the launch of its new wealth management service, Citigold. Citigroup country officer and business manager Agustin Davalos is on island says investments made last year are sure to pay off in 2011.

He explained, "2010 was the year of investment for us. We invested in technology, we changed all our technology platforms and we lined it with the same technology as the countries in Asia, which allow us to provide better and faster services to our customers. We also invested in infrastructure. This afternoon we will be launching and opening our new renovated branch."

Lead of Citi's consumer banking in the Asia Pacific Region Jonathan Larsen and Citi country officer from the Philippines Sanjiv Vohra are also on island to witness the unveiling of these new services to Guam.