Citi today named Marty Lippert Citi Chief Information Officer and
Corporate Operations and Technology Chief Operating Officer.
Mr. Lippert will play a critical role in driving transformational change
across Citi’s newly centralized Global
Technology and Operations divisions, working closely with Kevin
Kessinger, Citi Chief Operations and Technology Officer. In addition,
Mr. Lippert will oversee Citi’s Corporate
Shared Services and Real Estate Operations. He will join the Citi Senior
Leadership Committee.
Mr. Lippert has a proven, 27-year track record of leading successful IT
and operations groups in addition to a wide range of business management
experience in the financial services industry. As Vice Chairman and
Group Head of Global Technology and Operations for Royal Bank of Canada,
Mr. Lippert served as a member of the Group Executive Team and as
Chairman of RBC Dexia and Moneris Solutions. Prior to joining RBC, Mr.
Lippert spent 16 years at Mellon Bank, serving as Executive Vice
President for Information Management & Research and Chief Financial
Officer of Technology.
“In today’s global
environment, our competitiveness is dependent on having leading
technology and operational capabilities,” said
Vikram Pandit, Citi Chief Executive Officer. “Marty’s
appointment emphasizes the importance we place on technology in driving
enterprise transformation, and we’ll look to
him to be a key architect of that change. This role is central to Citi’s
commitment to operational excellence and cost management, and we are
excited to have Marty on board to help orchestrate what we believe will
be one of the great turnarounds in US corporate history.”
“Marty brings a unique combination of
business and industry acumen to this critical role,”
Mr. Kessinger said. “We will look to him to
advance Citi’s business strategy by
developing technology and operational platforms that are robust, agile,
and cost effective. His role will involve the design and deployment of
globally integrated solutions that are client-centric, and will reclaim
Citi’s position as an innovative leader in
the financial services industry.”
Citi, the leading global financial services company, has some 200
million customer accounts and does business in more than 100 countries,
providing consumers, corporations, governments and institutions with a
broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, securities
brokerage, and wealth management. Citi’s
major brand names include Citibank, CitiFinancial, Primerica, Smith
Barney, Nikko, and Banamex. Additional information may be found at www.citigroup.com
or www.citi.com.
|