- CEO Michael Corbat sent out an internal memo on Tuesday announcing the firm's new class of managing directors.
- The MD distinction, the highest title at the firm, was earned by 220 employees across the bank - 137 from the firm's Institutional Clients Group, which includes its dealmaking and sales and trading teams, and 25 in its Global Consumer bank.
- Business Insider got ahold of Corbat's memo congratulating the 220 new MDs.
- Click here for more BI Prime stories.
Managing director is the highest title at Citigroup, and 220 employees recently earned a promotion to that elite group across the firm, according to a company-wide memo CEO Michael Corbat sent out Tuesday.
Individual divisions began announcing newly promoted MDs last Friday, including 137 in the firm's Institutional Clients Group, which houses its dealmaking and sales and trading teams, and 25 in its Global Consumer bank. Another 58 promotions came in other areas of the firm, such as risk management, legal, and HR.
Women represented 28% of the promotions, up from 25% last year.
"This well-deserved honor is a significant career milestone for these individuals, and we can all take pride in their contributions to our firm. Please join me in congratulating them," Corbat wrote in the memo, which was reviewed by Business Insider.
A company spokeswoman confirmed the contents of the memo.
In November, Goldman Sachs announced a class of 465 new managing directors, of which 29% were women. At Goldman the coveted MD promotions are announced once every two years and put recipients one step below partner at the investment bank.
Bank of America also and Barclays also announce MDs in the fourth quarter, while Morgan Stanley's new class is typically unveiled in January and JPMorgan Chase ushers in its cohort in Spring.
Here's the full list of all newly promoted managing directors at Citigroup, as well as their business line:
| Name, Business / Function | Name, Business / Function |
| Gautam Abroal, ICRM | Armin Lindtner, Markets |
| Vijay Albuquerque, Markets | Temmy Lizarzabal, BCMA |
| Roberto Armenteros, EIO&T | Mauricio Lopez Lajud, Mexico Consumer |
| Rohit Arora, EIO&T | Armando Lopez, Markets |
| Scott Athey, Finance | Ken Loughran, Internal Audit |
| Jane Bachmann, Private Bank | Kate Luft, APAC Consumer |
| Jorge Baez, Mexico Consumer | Krishna Majithia, Risk Management |
| James Balkwill, Private Bank | Srini Manthripragada, ICG O&T |
| Rahul Banerjee, GCB | Eros Marshall, BCMA |
| Ambrish Bansal, TTS | Faisal Masood, BCMA |
| Sandeep Batra, APAC Consumer | Shalini Mathur, Private Bank |
| Lorraine Berge, ICG O&T | Waleed Matin, BCMA |
| John Bekian, ICRM | Mark Maxson, Private Bank |
| Pavan Bellur, BCMA | Dennis McCarthy, U.S. Consumer |
| Charley Bensaid, Markets | Aoiffe McGarry, BCMA |
| Karen Bernhard, Mexico Consumer | Patsy McGuire, HR |
| Vishal Bhardwaj, GCB Operations and Fraud | Shweta Mehrotra, HR |
| Sharon Blackman, Legal | Jason Miner, BCMA |
| Brad Bloom, Markets | Minae Mizuno, Internal Audit |
| Michael Boghosian, U.S. Consumer | Lora Monfared, U.S. Consumer |
| Gregor Bollen, Private Bank | Ajit Moorthy, HR |
| Darren Brighton, Markets | Joydeep Mukherjee, Global Commercial |
| Brian Carlstead, Markets | Rapheal Mun, BCMA |
| Andre Carvalho De Sanctis, TTS | Eric Natelson, Markets |
| Aman Chadha, TTS | Danny Nathan, Markets |
| Padmaja Chakravarty, Legal | Mike Newton, Markets |
| Aaron Chandrasakaran, BCMA | Gilbert Ng, BCMA |
| Victoria Chant, Markets | Kenichiro Nitta, Markets |
| Bryan Chao, Markets | Isobel Nordstrom, BCMA |
| Gary Chen, Global Commercial | Meghan O'Connor, BCMA |
| Selene Cheng, Markets | Alex Oechler, BCMA |
| Manik Chhabra, Global Commercial | Liam O'Gara, Finance |
| George Clayton, Risk Management | Jason Osborne, GCB |
| Lisa Cochran, GCB Technology | Justin Palamara, ICG O&T |
| Francisco Conceicao, Holdings | Anthony Pantina, Risk Management |
| Natasha Condon, TTS | Lee Pelayo, Private Bank |
| Jason Cramer, U.S. Consumer | Marco Antonio Dias, Markets |
| Tom Curley, HR | Joe Pergola, ICG O&T |
| Trudy Curtis, TTS | Kim Persaud, Risk Management |
| Scott Damassa, TTS | Krista Phillips, GCB |
| Jiten Dave, HR | Kristina Pi, Markets |
| Roberto de Andrade, Private Bank | Jennie Platt, U.S. Consumer |
| Terry Dennis, TTS | Tommaso Ponselè, BCMA |
| Dipali Devaskar, ICG O&T | Laura Posse, BCMA |
| Carol Dewar, EIO&T | Enrico Prato, BCMA |
| Allegra Digia, HR | Jennifer Pu, BCMA |
| Todd Domecq, Retail Services | Kim Pulliam, GCB Operations and Fraud |
| Sara Domingos, Internal Audit | Rakesh Purohit, Markets |
| David Dong, Markets | Colm Rainey, BCMA |
| Cormac Donohoe, Markets | Rajakumar Ramalingam, TTS |
| Samantha Dorfman, EIO&T | Shellie Rayford, Internal Audit |
| Nitesh Dugar, BCMA | Ben Rayner, ICG O&T |
| Santosh Dujari, TTS | Robert Redshaw, BCMA |
| Emma Duncombe, HR | Oliver Rey-Beckstrom, Global Commercial |
| Jaya Dutt, Markets | Francisco Abreu, Global Commercial |
| Berry East, Finance | Juan M. Rincon-Cortes, Legal |
| Alvaro Echeverry, ICG O&T | Amar Rizvi, BCMA |
| Belinda Ellington, Legal | Frank Rodrigues, ICRM |
| Rachid El-Mohammadi, Markets | Diego Rojas, Finance |
| Brad Epstein, BCMA | Miguel Romo, Private Bank |
| Eliza H Eubank, Risk Management | Andrea Rossato, Private Bank |
| El Ezzine, Markets | Bill Rys, Global Public Affairs |
| Rob Famulare, Markets | Luca Sabbatini, Markets |
| Mark Fisher, Risk Management | Prosenjit Saha, Markets |
| Caryn Freiberger, Markets | Anand Sairam, Finance |
| Ed Fresco, Internal Audit | Marcelo Santos, Finance |
| Andrea Galvis, Markets | Matteo Sardo, Markets |
| Pranjal Gambhir, BCMA | Ganesh Sarpotdar, BCMA |
| Chris Gartin, BCMA | Zoltán Schwardy, Global Commercial |
| Serene Gay, APAC Consumer | Mauricio Schwartzmann, Mexico Consumer |
| Leo Gazzo, TTS | Rafa Serrano, Markets |
| Ryan Gilliam, Legal | Kashif Shabbir, ICRM |
| Jason Gordon, Retail Services | Vaibhav Sharma, Private Bank |
| Deborah Gowland, Markets | Scott Slavik, BCMA |
| Paddy Green, Markets | Mohannad Sleiman, Private Bank |
| Harpreet Grewal, APAC Consumer | Fabrizio Sommazzi, Internal Audit |
| Peter Grinups, BCMA | Elissa Steinberg, Finance |
| Daniel Gutierrez, Markets | Tim Stisser, Markets |
| Onjada Haggard-Richardson, Private Bank | Lee Street, Markets |
| Andreas Hamm, EIO&T | Sunder Subramanian, ICG O&T |
| Adam Harper, Private Bank | Will Taing, Markets |
| Mario Hernandez, Internal Audit | Wei Tang, Markets |
| Justin Herrmann, Risk Management | Mayuri Tateishi, Markets |
| Lorraine Hogan, Internal Audit | AlexTaylor, HR |
| Niall Hornett, Markets | Prashant Thakker, BCMA |
| John Hutcheson, BCMA | Alex Todd, Markets |
| Tanaaz Irani, APAC Consumer | Nagib Touma, ICRM |
| Rich Iseman, TTS | Neil Toy, Markets |
| Yuka Izumi, BCMA | Matt Turnbull, Markets |
| Andrew James, Private Bank | Jacob Turner, Legal |
| Dawid Janas, TTS | Rudy Vela, BCMA |
| Anurag Jodhawat, Markets | Mike Vondriska, BCMA |
| Jessica Johnson, Finance | Martin Watson, Markets |
| Alex Juricev, BCMA | Brad Wayman, U.S. Consumer |
| Georgia Kaliora, Markets | Milly Webb, ICG O&T |
| Sietske Kalse, Markets | Chris Welland, EIO&T |
| Mayank Kaul, Risk Management | James West, ICG O&T |
| Kaan Kesedar, BCMA | Graham Westgarth, Finance |
| Yoon Kim, BCMA | Chris Wetherbee, Markets |
| Tokiya Kishie, Markets | Scott Wexler, BCMA |
| Jasmin Koelbl-Vogt, Legal | Martin Wilkie, Markets |
| Robert Kong, Markets | Dan Willett, Markets |
| Patrick Kosiek, BCMA | Jeffrey Wool, Legal |
| Neeraj Kumar, BCMA | Whitney Xun, Private Bank |
| Sampath Kumar, Internal Audit | Ruo Yang, BCMA |
| Anubhav Kunwar, ICG O&T | Yuri Yermakov, Risk Management |
| Marta LaRusso, Risk Management | Yi Yong, Markets |
| Alfredo Lelo De Larrea, Private Bank | Tony Yuen, Markets |
| Tammy Levine, U.S. Consumer | Sophia Zhu, ICRM |
| Cori Lin, GCB | Matt Zimmerman, Markets |
