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Citibank might deviate from its policy and appoint an Israeli CEO for its Israeli branch in place of Nandan Mer who has recently stepped down, reports Ma'ariv.

This possible change in policy is based on the assumption that a local manager is more familiar with the local system and would be able to more successfully implement the bank's plans.

A possible candidate is Citibank Israel Corporate Business HeadArik Bandel, considered an expert on the local banking system.

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