New CEO at the Helm of Citibank Europe
Ignacio Gutierrez-Orranita
Citi has appointed Ignacio (Nacho) Gutiérrez-Orrantia as CEO of Citibank Europe plc (CEP).
Headquartered in Dublin, Ireland, CEP is one of Citi’s largest legal entities and the main bank subsidiary for Citi in Europe.
Gutiérrez-Orrantia takes on this role in addition to his existing Europe Cluster and Banking head role, which he has held since November 2023.
As head of Europe Cluster and Banking, Gutiérrez-Orrantia has overall responsibility for managing relationships with Citi’s clients in Europe, across all businesses, and accountability for a robust risk and control environment. As CEO for CEP, a vital part of his role will be to lead Citi’s European bank subsidiary and foster strong relationships with European regulators.
Gutiérrez-Orrantia has also been appointed as vice chair and member of the Supervisory Board of Bank Handlowy w Warszawie S.A. (Citi Handlowy). Natalia Bozek, CEP and Europe CFO, and Fabio Lisanti, Europe head of Markets, have also been appointed to the Supervisory Board of Citi Handlowy. Citi Handlowy, a subsidiary of CEP, is one of the largest financial institutions in Poland.
Gutiérrez-Orrantia has over 30 years of experience in financial services. He has been at Citi for 20 years and was most recently co-head of Citi’s Europe, Middle East and Africa (EMEA) Banking Capital Markets and Advisory business, where he led a team of more than 2,000 bankers in 54 markets. In that time, he has led some of Citi’s largest investment banking transactions across the UK and EMEA.
Commenting on the appointment, Ernesto Torres Cantú, Citi’s head of International said: “Nacho’s appointment as chief executive officer of Citibank Europe plc, in addition to his remit as Europe Cluster and banking head, combines growing our client business in Europe with responsibility for industry-leading risk and controls, and management of our European legal entities. Nacho’s leadership across these critical areas of our business will support our simplification plans and ensure his accountability for all our activity in Europe. He is an outstanding banker, highly respected for the advice and insights he brings to clients. His experience, combined with the strength of Citi’s global network and services, ensures we are well set to build on the good momentum we are achieving in Europe.”
Nacho Gutiérrez-Orrantia said, “I am delighted to be appointed as CEO of Citibank Europe plc. We have outstanding talent here and employ nearly 18,000 people. Citi has huge opportunity to deliver our unrivaled global network to our European and global clients. I am confident we will be the leading international bank in Europe.”
Citi has had a presence in Europe for over 100 years and operates on the ground in 24 countries in Europe, serving clients in 18 more.
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