Citibank
American banking company
American multinational investment bank and financial services corporation
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5Citibank Korea names corporate banking expert as next CEO
Citibank Korea has selected Kim Kyoung-ho, the current head of its corporate banking group, as its next CEO. This appointment marks the bank's first leadership change in six years, succeeding the outgoing CEO Yoo Myung-soon.
Citibank Korea to replace chief executive after 6 years, taps Kim Kyung-ho as candidate
The executive candidate recommendation committee for Citibank Korea has recommended Kim Kyung-ho as the final candidate for the bank's next chief executive. Kim, a long-time veteran of the bank, is expected to be confirmed following board and shareholder approval.
Citibank Korea will replace its head for the first time in six years.
Citibank Korea announced the appointment of Kim Kyung-ho as its next president, ending the six-year tenure of current president Yoo Myung-soon. The transition is part of a strategic leadership shift for the bank's operations in Korea.
Putin Approves Sale of Citibank’s Russian Unit to Renaissance Capital
Russian President Vladimir Putin has authorized the sale of Citibank’s Russian subsidiary to the local investment firm Renaissance Capital. This move effectively completes the U.S. banking group's exit from the Russian market.
Citi Lowers Base Rate
Citibank, N.A. announced a reduction in its base lending rate from 7.50% to 7.25%, effective September 18, 2025. The announcement also noted upcoming leadership transitions within the bank's executive team.
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