Druskin aims to seize the initiative

Bob Druskin is president and chief executive of Citigroup’s corporate and investment bank. He joined Smith Barney in 1991 as chief administrative officer and worked in a number of businesses, including asset management and operations. He became president and chief operating officer of the CIB in August 2002 and was appointed chief executive in December 2003.

One of his first tasks was to reorganize the CIB. Today the bank comprises three units: global banking, global markets and global transaction services. Running in parallel to this structure are the regions.

Druskin spoke to Euromoney in New York about the restructuring and the challenges that lie ahead. Sudip Roy reports.

Inside Citigroup’s plans for emerging markets domination | Citigroup builds on diversity in CEEMEA | All hands to the pump in Latin America | Citigroup still looking for more from Asia

One of the criticisms of the bank is that there’s a battle between product and geography. What’s your view on this?

If you had asked me that question two years ago I would have given a different answer. Two years ago, and historically in the CIB, the global products had a greater than 50% weighting.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access

Druskin aims to seize the initiative

Access intelligence that drives action

Doing well by doing good: Tackling Asia’s climate and ageing megatrends

Transaction banking in MEA

From Vision to Ambition: Evolving ESG Strategies in GCC banking

#1 trade finance provider for corporates in the United Kingdom in 2026: HSBC