She will retain her position as CEO of Warsaw-listed Citi Handlowy.

The new structure combines Citi’s Poland-Ukraine and Central Europe operations, bringing together Poland, Ukraine, Bulgaria, Hungary, Czechia, Romania and Slovakia. Czetwertyńska will report to Nacho Gutiérrez-Orrantia, Citi’s European CEO, the bank announced Nov. 9.

Gutiérrez-Orrantia said the region offered significant growth potential, supported by international trade, industrial and technological development, and investment needs.

“Central and Eastern Europe represents a strategically important growth opportunity for Citi, underpinned by increasing global trade and investment flows, a rapidly evolving industrial and technology base and significant investment demands across defense, energy and infrastructure,” he said.

He added that the expanded regional structure would strengthen Citi’s presence and improve the scale and connectivity of its operations.

Czetwertyńska said the increasing integration of CEE economies into global markets created opportunities to expand the bank’s business.

“I’m delighted to take on this leadership role at such an exciting time for Central and Eastern Europe. As CEE economies become increasingly integrated into global markets, the opportunity for us to deepen our presence and capture growing cross border flows is huge,” she said.

“Our unique strength is Citi’s global network, and we want to leverage this opportunity to strengthen our position as the leading partner connecting CEE with global markets.”

Czetwertyńska has worked at Citi for more than 30 years, holding management positions across six countries on three continents. She has led operations in Ecuador, Switzerland, Monaco and Liechtenstein, with experience spanning relationship banking, risk management, product development and audit.

She has served as CEO of Citi Handlowy and Citi country officer for Poland since 2021.

Citi has operated in Central and Eastern Europe for more than 40 years and employs 11,500 people across the seven countries. The bank said it had supported more than USD 6.5 billion in financing for the Ukrainian government since Russia’s full-scale invasion began.

The regional changes also expand the responsibilities of Stanislava Taneva, who will lead Citi’s Baltics and Balkans hub-managed countries and representative office while retaining her existing responsibilities as country officer and banking head for Bulgaria, and corporate banking head for Central Europe and hub-managed countries.

Her expanded remit covers Albania, Bosnia and Herzegovina, Croatia, Estonia, Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Serbia and Slovenia. She will remain based in Bulgaria and report to Czetwertyńska.