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![]() "Sunil also will chair the Risk and Controls project group of our Transformation effort," the memo said.Ĭiti will conduct a search for Garg's successor as the CEO of its commercial bank.Ĭitigroup has asked Zdenek Turek, who was the Chief Risk Officer on an interim basis, to take on the role permanently, according to the memo.įraser also named Margo Pilic as her chief of staff, moving her from her current role of Finance Lead for Citi's institutional clients group in Latin America. consumer unit.įraser added that Sunil Garg, global head of Citi Commercial Bank, will become the next CEO of Citibank, upon current Citigroup CEO Michael Corbat's retirement. ![]() The team will consist of Fraser's executive management team, the group's treasurer and leaders of Citigroup's various units, including its investment-banking unit, Global Wealth operations and U.S. "A key element of our Transformation work is to hold our business leaders accountable not only for the performance of their own teams, but for how we collectively operate our firm and deliver the outcomes for which we are responsible," Fraser said in a memo. ![]() Feb 2 (Reuters) - Citigroup Inc's (C.N) incoming chief executive officer Jane Fraser said on Tuesday she has decided to form a new global operating team to build accountability among its top leaders.
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