Michael Corbat

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Michael Corbat
Occupation CEO
Employer Citigroup
Location New York

Michael Corbat is the chief executive officer of Citigroup, a position he took over in 2012.[1]

Corbat has been at Citi and its predecessor companies since he graduated from Harvard with a bachelor's degree in economics in 1983. Before his current role, he was CEO of Europe, Middle East and Africa, where he oversaw all of Citi's business operations in the region, including consumer banking, corporate and investment banking, securities and trading and private banking services.[2]

Background

Previously, Corbat served as the CEO of Citi Holdings, Citi's portfolio of non-core businesses and assets. In this role, he oversaw the divestiture of more than 40 businesses and divested more than $500 billion assets, freeing up capital to invest in Citi's core banking business. [3]

He also served as the CEO of Citi's Global Wealth Management unit and was head of the Global Corporate and Global Commercial Bank at Citi.

Education

References

  1. Michael Corbat, CEO. Citigroup.
  2. Leadership Team. Citigroup.
  3. Citigroup names Corbat permanent Citi Holdings CEO. Yahoo News.