October 25, 2019 |
Citigroup on Thursday named Jane Fraser as its next president, moving her from the head of Latin America while also putting the 15-year veteran of the firm into a key position to shape operations "into the next decade and beyond," according to an internal memo sent to employees.
The memo, seen by LatinFinance, names Ernesto Torres Cantu as her replacement. Torres, a 30-year veteran of Citi, is currently the CEO of Citibanamex. His replacement is to be named "in the near future.
"Most recently, J
Ernesto Torres Cantu, CEO of Citibanamex, named as Fraser's replacement in Latin America