Citi has appointed Valentin Valderrabano chief operating officer of Citi Global Wealth (CGW), with a remit to transform the wealth-management division into a truly global client-facing body serving everyone from mass-affluents to the mega-high-net-worth.
Valderrabano was most recently consumer business manager for Citibank Korea, where he oversaw a renewed push into domestic wealth management and the phased shutdown of onshore retail operations as part of Citi’s wider Asia revamp. He will move to New York from Seoul in July, with Korea head of retail banking Ji-Kang Kim stepping into his role.
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