Citi announced today that it will begin the process of transitioning the role of Chief Financial Officer from Mark Mason to Gonzalo Luchetti. Mason will remain CFO until early March 2026. He will then become Executive Vice Chair of Citi and Senior Executive Advisor to Chair and CEO Jane Fraser. Additionally, Retail Banking will be integrated into Citi’s Wealth business. Citi’s Branded Cards & Lending and Retail Services businesses will be combined to form U.S. Consumer Cards, led by Pamela Codispoti Habner. She will report to Fraser and become a member of the firm’s Executive Management Team. Read more: https://on.citi/4oRS9nn
Smooth succession planning and integrated business units are critical for maintaining momentum in large financial institutions. Kudos to the Citi leadership team for this thoughtful approach.
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Gonzalo does a kick ass samba.
VP Lead Forecasting Analyst at Citigroup
1dThank you for all you've done Mark Mason Excited for Gonzalo Luchetti, congrats! Welcome aboard