Citigroup (C) is shuffling a handful of senior executive positions. In a note to employees, CEO Vikram Pandit and President and Chief Operating Officer John Havens said William Mills will return stateside to become chief executive for North America. “Many of us on the operating committee have thought for some time that we need a CEO for this region to provide the same focus on clients, regulators and expenses that the other regions have developed,” Pandit and Havens said of Mills appointment. Mills has 35 years of investment banking experience and most recently led Citi operations for Europe, the Middle East and Africa. Pandit and Havens said “mobility and challenging new assignments for our people are at the core of our history and key strengths of any well- managed business, especially one with our global footprint.” Mike Corbat will fill Mills’ post at CEO for EMEA. He had been leading Citi Holdings for several years. Mark Mason will move to CEO of Citi Holdings, replacing Corbat. Mason had been operating chief of the holdings unit. Manuel Medina-Mora was named chief executive of global consumer banking. He had held a similar post for the Americas. Javier Arrigunaga will become CEO of Mexico. He had been with Banamex since 2002 and spent a dozen years at Mexico’s central bank prior to that. Francisco Aristeguieta will assume the CEO post for Citi’s Latin American operations. Aristeguieta has been with the banking giant for 17 years, mostly in Venezuela. Alberto Verme was named chairman of the EMEA Banking unit. He has been with Citi since 1994, most recently with Mills, focusing on Eastern Europe and the Middle East. Stephen Bird becomes CEO of the Asia Pacific region, and Shirish Apte will move to co-chairman of Asia Pacific Banking. The new assignments are effective Jan. 1. Write to Jason Philyaw. Follow him on Twitter: @jrphilyaw.
Most Popular Articles
While many homebuilders, such as D.R. Horton and Tri Pointe Homes, significantly reduced the number of new home starts over the last quarter amid sluggish homebuyer demand, Smith Douglas Homes Corp. is taking a different approach, akin to that of Lennar. Pace over price. The builder’s strategy reflects a commitment to affordability and serving the […]
-
Mortgage rate declines are raising the likelihood of a refi surge
Mar 19, 2026 -
Homebuilders Urged To Invest In Frontline Jobsite Workers Now
Mar 19, 2026 -
How hybrid operations are elevating builder performance
Apr 30, 2026 9:50 am -
HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
Apr 30, 2026 -
After An Involuntary Pause, Orders Matter Again For LGI
Mar 20, 2026
Latest Articles
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]