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  4. Citigroup has promoted a new class of managing directors in its $34 billion consumer bank - here are all the names

Citigroup has promoted a new class of managing directors in its $34 billion consumer bank - here are all the names

Alex Morrell   

Citigroup has promoted a new class of managing directors in its $34 billion consumer bank - here are all the names
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John Parra/Getty Images for AYS

Citigroup promoted 25 employees in the firm's $34 billion retail bank to managing director.

  • Citigroup just announced its 2019 managing-director promotions for its Global Consumer Bank.
  • The MD distinction, the highest title at the firm, was earned by 25 employees in the firm's $34 billion retail bank.
  • Business Insider got a list of the names of all the newly promoted MDs.
  • Click here for more BI Prime stories.

Citigroup has been shaking up its Global Consumer Bank over the past year as it tries to jumpstart revenues and win more customer deposits. The firm has named 25 new leaders who will have a hand in executing the new vision.

Citi on Friday announced its 2019 class of managing-director promotions in the Global Consumer Bank, the firm's retail-banking arm that produced $34 billion in revenues last year.

The MD title is the highest at the firm and a coveted distinction. Fourteen GCB employees earned the promotion in North America, seven in the Asia Pacific region, and four in Mexico.

A Citi spokeswoman confirmed the names of new MDs in each region.

The bank also recently announced 137 MD promotions in its Institutional Clients Group, the division that houses its investment banking and sales and trading operations.

Citi has been overhauling its consumer bank over the past year, including unsheathing new battle plans to drive digital deposits and penetrate new territory. The efforts have yielded strong results thus far in 2019.

It has also installed new executives to lead the charge, most recently naming Jane Fraser as division head to replace long-time retail banking chief Stephen Bird, who departed in October.

Come January of next year, Fraser will have 25 new MDs to lean on as she looks to continue the momentum.

Here's the list of 2019 managing-director promotions in Citigroup's consumer bank:

North America

Michael Boghosian

Dennis McCarthy

Lisa Cochran

Lora Monfared

Jason Cramer

Jason Osborne

Todd Domecq

Krista Phillips

Jason Gordon

Jennie Platt

Tammy Levine

Kim Pulliam

Cori Lin

Brad Wayman

Asia Pacific

Rahul Banerjee

Harpreet Grewal

Sandeep Batra

Tanaaz Irani

Vishal Bhardwaj

Kate Luft

Serene Gay

Mexico

Jorge Baez

Mauricio Lopez Lajud

Karen Bernhard

Mauricio Schwartzmann

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