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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