Citigroup, Inc (NYSE: C)’s private banking division has appointed Nancy Pellegrino as the company’s new head of operations in the Pacific Northwest.
Pellegrino will be based out of Settle, WA and report to Tracey Warson, Citigroup, Inc (NYSE: C) Private Bank’s west coast regional executive. She previously worked at the Bank of New York Mellon’s wealth management division where she was also head of the Pacific Northwest region.
Citi Private Bank has also made other senior-level appointments in Chicago, Dallas, Los Angeles, New York, San Francisco and Silicon Valley as part of the company’s plan to double its wealth manager count to 260 by 2012.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company provides consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2009, Citigroup had approximately 200 million customer accounts and did business in more than 140 countries. Citigroup operates through two primary business segments: Citicorp, consisting of its Regional Consumer Banking (RCB) businesses and Institutional Clients Group (ICG), and Citi Holdings, consisting of its Brokerage and Asset Management (BAM), Local Consumer Lending (LCL), and Special Asset Pool (SAP). In April 2010, Barclays PLC acquired Italian credit card business of Citibank International Bank plc. In May 2010, the Company announced the creation of a new Collateral Management Services unit within its Securities and Fund Services business.
Shares of Citigroup, Inc (NYSE: C) traded up 0.50% during morning trading hitting $4.00 by 12:04 ET.
