Citigroup Inc.
Citigroup Inc. Announces Election of Titilope Cole as New Director
Summary
Citigroup Inc. announced on January 31, 2025, the election of Titilope Cole as a new director. Ms. Cole, a former Head of Legacy Franchises at Citigroup, will not be considered independent under the company's Corporate Governance Guidelines. She also joined the Risk Management, Technology, and Transformation Oversight Committees of the Board and was appointed a Board member of Citibank, N.A., effective February 3, 2025. Ms. Cole's prior service with Citigroup disqualifies her from being considered independent, and she will receive compensation as a non-employee director according to Citigroup's practices.
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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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