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HomeStockCiti promotes Asia-based banker Valderrabano as international wealth COO By Reuters

Citi promotes Asia-based banker Valderrabano as international wealth COO By Reuters



© Reuters. FILE PHOTO: The Citigroup Inc (Citi) in Toronto, Ontario, Canada October 19, 2017. Image taken October 19, 2017. REUTERS/Chris Helgren

By Selena Li

HONG KONG (Reuters) – Citi has appointed Valentin Valderrabano as its new chief working officer (COO) for Citi World Wealth, efficient in July, based on an inner memo reviewed by Reuters.

Valderrabano, who reviews to the financial institution’s international wealth head Jim O’Donnell, was most just lately client enterprise supervisor for Citibank Korea with practically 20 years of expertise on the financial institution.

He’ll exchange Citi’s present COO Eduardo Martinez Campos, who will transfer to steer Citi Wealth Companies and Strategic Investments.

The U.S. financial institution’s wealth enterprise introduced in $7.5 billion in income globally in 2021, working over $800 billion in shopper property with greater than 3,000 shopper advisers.

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