Citi’s new wealth head sees unique prospects for growth

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Citi’s new wealth head sees unique prospects for growth

Andy Sieg is back again from Merrill Lynch, and has big plans for Citi’s new global wealth franchise.

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Andy Sieg, Citi

Speaking at Citi’s annual shareholder meeting in April 2023, chief executive Jane Fraser made clear her vision for the firm she runs. She saw it as a valued personal bank in the US and the preeminent partner for institutions with cross-border needs. Just as importantly, she also saw it as a global leader in wealth management.

Citi has been a leader in wealth for decades, but there was always a crack in the edifice that many, including within Citi itself, could see.

It

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