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Citigroup Inc.

Citigroup Announces Departure of Chief Accounting Officer and Interim Replacements

| 8-K |Financial Services

Summary

On September 4, 2024, Citigroup Inc. announced that Johnbull Okpara, Chief Accounting Officer and Controller, would resign effective September 10, 2024. Robert Walsh has been appointed as interim Chief Accounting Officer and Patrick Scally as interim Controller, both effective immediately. Walsh has extensive experience within Citigroup, having held various accounting roles since 1999. Scally has been with Citigroup since 1992 in various capacities.

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About Citigroup Inc.

Citigroup Inc. is a leading global financial services corporation, providing a broad array of financial products and services to consumers, corporations, governments, and institutions. As a diversified financial institution, Citigroup's primary function is to offer retail banking, commercial banking, investment banking, and wealth management services. The company plays a significant role in sectors such as consumer banking, treasury and trade solutions, and securities services, making it a pivotal player in the financial services industry. Headquartered in New York City, Citigroup is one of the world's largest banks by assets. It operates in over 160 countries and jurisdictions, underscoring its substantial international presence. The firm's impact is further amplified through its global reach in capital markets and advisory services, helping to facilitate trade and investment on a worldwide scale. Citigroup's diversified operations and extensive global network position it as a key contributor to financial market infrastructures and economic development.

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