Banking News

Citi Australia announces new CEO

Citi Australia announces new CEO

(16 May 2019 – Australia) Citi has announced a new chief executive for its Australian business following David Livingstone’s move to become CEO for EMEA.

Marc Luet has been appointed as Mr Livingstone’s successor as Citi Australia CEO and head of Citi’s Australia and New Zealand cluster.

Mr Luet, currently Citi’s cluster head for Israel, Kazakhstan, Poland, Russia, Turley and Ukraine, will report to Tim Monger, interim CEO of Asia Pacific.

Speaking of the appointment, David Livingstone noted Mr Luet's strong record in leading complex businesses across multiple segments and geographies.

“Marc’s experience will be invaluable as Citi pursues its growth strategy in Australia and New Zealand. We shall look to Marc to build on the bank’s successful client relationships, while ensuring a strong return on capital for all Citi’s businesses in Australia and New Zealand.”

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