Citi Names New Head of Strategy as Jane Fraser Steers Bank Into ‘Next Phase’
Citigroup has named a new executive to oversee firmwide strategy and is combining two top roles as the bank looks to complete its yearslong transformation. Citi CEO Jane Fraser and Gonzalo Luchetti, the firm’s new chief financial officer, wrote in a memo to employees on Wednesday that Fraser’s chief of staff, Margo Pilic, would be the next head of strategy, mergers and acquisitions, and investor relations.