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Citigroup’s strategic move: 40 new Managing Directors appointed globally in the markets division.

Citigroup recently announced a merit-based promotion of 40 dealmakers to managing directors. This move is part of an ongoing business overhaul and aligns with trends in major investment banks.

TheFinanceStory by TheFinanceStory
Published date: 16th December, 2023
Last edited date: 16th December, 2023
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Citigroup’s strategic move: 40 new Managing Directors appointed globally in the markets division.
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  • Citigroup recently announced the appointment of 40 new managing directors within its Markets division.
  • The promotions were revealed internally on 8th December, as Citi underwent a significant business overhaul led by CEO Jane Fraser.

48 New Managing Directors

Citigroup has announced the appointment of 40 dealmakers as new managing directors in the bank’s markets division.

On 8th December, the Wall Street bank shared the details of the new managing directors within its banking unit with staff, as reported by Financial News.

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