Citi Promotes 276 Leaders to Managing Director

Citi Promotions: A Major Leap for Two Hundred and Seventy-Six LeadersCiti has recently announced a significant wave of promotions, elevating two hundred and seventy-six leaders to the rank of managing director. This is the highest position below the C-suite, marking a major step for these individuals within the company. The promotions span various key areas, including markets, banking, wealth management, and services, which help clients manage their money globally.The promotions come as Citi continues a multi-year effort to simplify its structure, strengthen its risk management, and invest in a large-scale technology overhaul. The newly promoted managing directors for 2025 come from twenty-one countries and represent thirty-two different nationalities. Two-thirds of them are multi-lingual, and thirty percent have worked in at least two countries for Citi. They bring a median of sixteen years of experience at the firm and twenty years in financial services overall, with nearly half of them based in North America.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.