Citigroup New Managing Directors Take the Helm Ahead of Thursday

Citigroup is shaking things up with the appointment of new Managing Directors.

The new Managing Directors are set to take the helm ahead of Thursday.

These changes are part of a broader effort to refresh the company's leadership and direction.

As of now, the names of the new Managing Directors have not been publicly disclosed.

Citi's New Managing Directors are being kept under wraps, but a few names are leaking out ahead of the big announcement on Thursday. Roberto Massacci, Citi's head of EMEA single stocks trading, is one of the lucky ones, with 15 years of experience under his belt.

The promotions are expected to be intense, especially with the arrival of new leaders Vis Raghavan and Achintya Mangla from JPMorgan. They're shaking things up and will likely hire new people next year.

The choice of new MDs reflects the intersection of business, platform, team size, and performance, according to a Citi insider.

Citi's new MDs are revealing themselves ahead of Thursday, a day when the bank is expected to announce promotions internally.

Roberto Massacci, Citi's head of EMEA single stocks trading, has been with the bank for 15 years and is one of the lucky ones whose name has been leaked.

Iqbal Sohal in fixed income structuring is another London-based banker who's been promoted.

Citi's investment bankers are still in the dark, waiting for Thursday's call to find out who's been promoted.

The promotions are expected to be doubly intense this year, following the arrival of Vis Raghavan and Achintya Mangla from JPMorgan.

The choice of new MDs reflects the intersection of the business, the platform, the size of team, and performance.

US activity is expected to pick up first, but Raghavan and Mangla have shown a tendency to favour bankers from Europe.

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Citi's New Managing Directors have some exciting news to share. Citi has promoted several MDs.

These promotions are a testament to the hard work and dedication of the individuals involved. One of the promoted MDs is mentioned in the article.

Here are the names of the new MDs: [list the names of the MDs mentioned in the article section Example 1].

Citigroup has seen significant changes in leadership over the years, with several new managing directors taking the helm. Fraser was hired as Head of Client Strategy in Citigroup's investment and global banking division in July 2004.

Fraser's tenure at Citigroup has been marked by numerous promotions and new roles. In October 2007, she was promoted to Global Head of Strategy and Mergers and Acquisitions.

She was part of the executive team that helped restructure the group during the financial crisis of 2007–2009. Her efforts led to the group's re-engineering and the raising of new capital.

Fraser was named CEO of Citi Private Bank in June 2009, where she implemented changes to improve the bank's performance. She decreased the ratio of private bankers to clients and removed commissions and sales formulas for bankers.

Her leadership at Citi Private Bank resulted in the bank returning to profitability within her four-year tenure. The bank was running an annual deficit of approximately $250 million at the time of her promotion.

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Fraser was also tasked with restructuring Citigroup's mortgage division, which she took on as CEO of CitiMortgage in May 2013. The division was forced to refocus its efforts due to a marketwide drop in demand for mortgage refinancing.

In September 2013, Citigroup closed several mortgage offices nationwide and laid off 1,000 employees. Fraser's efforts helped the division adapt to the changing market conditions.

Fraser has also held several other leadership roles within Citigroup, including CEO of US Consumer and Commercial Banking and CEO of Citigroup Latin America.

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