Citi Announces New Head Of Personal Wealth Management

Citi has announced that Deborah Doyle McWhinney has been named the new head of Citi Personal Wealth Management, which includes the existing U.S. network of Citibank branch based financial advisors and other financial planning and wealth management services. In this

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Citi has announced that Deborah Doyle McWhinney has been named the new head of Citi Personal Wealth Management, which includes the existing U.S. network of Citibank branch-based financial advisors and other financial planning and wealth management services. In this new role, McWhinney will lead Citibank’s efforts to expand its wealth management service and premium personal banking services to provide customers with high quality, comprehensive and customized financial advice and guidance.

“We want to help our customers achieve their goals and navigate today’s challenging economic environment by providing personal wealth management advice and products,” says Terri Dial, CEO of Citi Consumer Banking North America. “We’re delighted to have Debby join us. She is an industry leader, innovator and customer advocate.”

Citi Personal Wealth Management will offer a full array of personal wealth management and banking services to Citibank customers.

“I am very pleased to join the Citi team,” says McWhinney. “Today’s economic situation has created an unprecedented need for transparent, customer-focused investment and banking services. Citibank is one of the most powerful brands in the world, with exceptional branch financial professionals. Working together, this combination will allow us to provide Citibank customers, including many business professionals and entrepreneurs, with superior service and innovative products to help achieve their financial goals.”

After retiring as President of Charles Schwab Institutional in 2007, McWhinney served as CEO and President of the Dennis and Phyllis Washington Foundation. Prior to that, she served on Schwab’s Management Committee, the Board of the Charles Schwab Bank, N.A., the Charles Schwab Foundation Board, and was Chairperson of the Global Risk Committee. Before joining Schwab, McWhinney was an Executive Vice President at Visa International and spent the preceding 17 years with Bank of America Corporation.

In 2002, President Bush appointed McWhinney to the Board of Directors of the Securities Investor Protection Corporation (SIPC). She is a past chairperson of the University of Montana Foundation’s Board of Trustees. In 2007, McWhinney was elected to the California Institute of Technology Board of Trustees. She is the mother of two daughters.

D.C.

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