Bancherul - BANCI / Profil / Citi anunta o noua structura organizationala

Citi anunta printr-un comunicat de presa vezi documentul mai jos o noua structura organizationala si o noua echipa de conducere. Noua structura este menita sa ajute banca sa se extinda inclusiv pe noile piete in curs de de dezvoltare.

Comunicatul Citi

FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
March 31, 2008

Citi Announces New Corporate Organizational Structure and Leadership Team

Client-Focused Reorganization Driven by Global Business Reviews

New Structure Streamlines Decision-Making, Promotes Partnership and Collaboration throughout the Global Business

New Organization Centralizes IT and Corporate Functions, Driving Greater Efficiency and Cost Control

New York -- Vikram Pandit, Citi’s Chief Executive Officer, today announced a comprehensive reorganization of Citi’s structure to achieve greater client focus and connectivity, global product excellence, and clear accountability. The new organizational structure will allow Citi to focus its resources towards growth in emerging and developed markets and improve efficiencies throughout the company.

Citi has established a regional structure to bring decision-making closer to clients. It is empowering the leaders of the geographic regions with the authority to make decisions on the ground. These geographic regions are each led by a single chief executive officer who reports to Mr. Pandit. Asia Pacific, including Japan, will be led by Ajay Banga. Western Europe, Middle East and Africa will be headed by William Mills. The Central and Eastern European region will be led by Shirish Apte. Manuel Medina Mora will continue to lead Mexico and Latin America.

In addition, Citi has reorganized its consumer group into two global businesses - Consumer Banking and Global Cards. The company announced today in a separate press release that Teresa A. "Terri" Dial will join Citi as Global Head of Consumer Strategy and CEO of Consumer Banking in North America. Citi has also consolidated its United States and international credit card businesses into a single global business led by Steven Freiberg, CEO of Global Cards.

Institutional Clients Group and Global Wealth Management, which are already organized as global businesses, will continue to be led by John Havens and Sallie Krawcheck, respectively. The four global businesses will allow Citi to deliver on product excellence in close partnership with the regions. The product leaders also will report to Mr. Pandit.