Citi has appointed Ignacio Gutiérrez-Orrantia as CEO of Citibank Europe Plc. (CEP). Headquartered in Dublin, Ireland, Citibank Europe Plc. is one of the Citi’s largest legal entities and Citi’s main banking subsidiary in Europe. As explained by the entity, Gutiérrez-Orrantia assumes this role in addition to his current position as head of the Cluster and Banking in Europe, a position he has held since November 2023.
As Head of Cluster and Banking in Europe, Gutiérrez-Orrantia has overall responsibility for managing Citi’s client relationships in Europe, across all businesses, and responsibility for maintaining a robust risk and control environment. As CEO of CEP, a vital part of his role will be leading Citi’s European banking subsidiary and fostering strong relationships with European regulators.
Gutiérrez-Orrantia has also been appointed Vice Chairman and member of the Supervisory Board of Bank Handlowy w Warszawie SA (Citi Handlowy) (MC: USD 3.43 billion). Additionally, Natalia Bozek, CFO of CEP and Europe, and Fabio Lisanti, Head of Markets in Europe, have been appointed to the Supervisory Board of Citi Handlowy. Citi Handlowy, a subsidiary of CEP, is one of the largest financial institutions in Poland.
Gutiérrez-Orrantia has more than 30 years of experience in financial services. He has been with Citi for 20 years and was most recently co-head of Citi’s Banking, Capital Markets and Advisory business in Europe, the Middle East and Africa (EMEA), where he led a team of more than 2,000 bankers across 54 markets. During that time, he has led some of Citi’s largest investment banking transactions in the UK and EMEA.
Following this announcement, Ernesto Torres Cantú, International Head of Citi, said: “Nacho’s appointment as CEO of Citibank Europe plc, in addition to his responsibility as Head of Cluster and Banking in Europe, combines the growth of our client business in Europe with the responsibility of leading risk and control. in the industry, and the management of our European legal entities. Nacho’s leadership in these critical areas of our business will support our simplification plans and ensure his accountability for all our activities in Europe. He is an exceptional banker, highly respected for the advice and insights he provides to clients. “His experience, combined with the strength of Citi’s global network and services, ensures that we are well positioned to build on the good momentum we are achieving in Europe.”
For its part, Nacho Gutiérrez-Orrantia He added: “I am delighted to be appointed CEO of Citibank Europe plc. We have exceptional talent here and employ almost 18,000 people. Citi has a great opportunity to offer our unrivaled global network to our European and global clients. “I am confident that we will be the leading international bank in Europe.” Citi has had a presence in Europe for more than 100 years and operates in 24 countries in Europe, serving clients in 18 more.
