Citi last Friday said that it has appointed Mr Gonzalo Luchetti as head of consumer banking for Asia-Pacific and EMEA (Europe, the Middle East and Africa) – the 17 markets that collectively contribute to 27 per cent of Citi’s global consumer banking profit.
He replaces Mr Anand Selvakesari, who will be the new head of US consumer banking, a spokesman told The Business Times.
Mr Luchetti will manage the 12 markets where Citi offers retail banking, wealth management and credit cards in Asia-Pacific, along with the five EMEA markets – Poland, Russia, the United Kingdom, the United Arab Emirates and Bahrain. His last position was retail bank head for Asia-Pacific and EMEA – a role he had held from 2015.
In a media statement, Mr Francisco Aristeguieta, CEO Asia-Pacific, said: “We are extremely well positioned in Asia in terms of talent, execution, value propositions and client experience to continue driving sustainable client-led growth.
“Gonzalo will ensure continuity and deliver strong leadership as we accelerate the transformation of our business model, continue to drive digitisation and build further scale through partnerships and ecosystems to be the best for our clients.”