Risk is already centralized.The business reorganization reflects priorities outlined by Mr. Pandit, who has been conducting intensive business reviews since being named CEO, to drive greater cross-business collaboration; eliminate bureaucracy and create a nimbler, more client-focused organization; ensure strong risk management and capital resources; and drive cost and operational efficiencies to generate additional shareholder value.Please be advised that this site is not optimized for use with Microsoft Internet Explorer 6.Client-Focused Reorganization Driven by Global Business Reviews First of all they have divided into departments according to the functions i. e. dealing with cash, banking operation, sales and for each of the above categories there is a separate department. These geographic regions are each led by a single chief executive officer who reports to Mr. Pandit. Part 1: Organizational design and key service areas In general, the main areas include: the family office management company, the family’s asset ownership structures, and the family’s philanthropic activities. In Citibank, cross-functional teams are not present; departments work on their own.We use cookies to give you the best experience possible. I’ve analyzed Citibank’s organizational structure according to these factors. Advanced Search. Citi has also consolidated its United States and international credit card businesses into a single global business led by Steven Freiberg, CEO of Global Cards.Institutional Clients Group and Global Wealth Management, which are already organized as global businesses, will continue to be led by John Havens and Sallie Krawcheck, respectively. Organizational Structure is the formal arrangement of jobs within an organization. Pandit. Asia Pacific, including Japan, will be led by Ajay Banga. Search. English . Get access to this section to get all the help you need with your essay and educational goals.Organizational Structure is the formal arrangement of jobs within an organization. Search. B I’ve analyzed Citibank’s organizational structure according to these factors. Citi has established a regional structure to bring decision-making closer to clients. The Central and Eastern European region will be led by Shirish Apte. Manuel Medina Mora will continue to lead Mexico and Latin America.In addition, Citi has reorganized its consumer group into two global businesses – Consumer Banking and Global Cards.

The organizational chart of Citigroup APAC displays its 115 main executives including Peter Babej, Tim Monger and Rajesh Mehta × We use cookies to provide a better service.

Represents intermediate holding companies not identifiedas MLEs in Citigroup’s 2019 Resolution Plan, included to illustrateCiti’s organizational structure. See figure 3 for the three main areas. By continuing your navigation, you consent to their use. "As part of the reorganization, in order to drive efficiency and reduce costs, Citi will further centralize global functions, including finance, information technology (IT), legal, human resources, and branding. Citigroup's unmatched level of products, services, and geographic presence, combined with the world's largest bank balance sheet, makes us the premier financial organization for corporate and institutional clients in Australia and New Zealand. However one type, product departmentalization, is not present. "Our new organizational model marks a further important step along the path we are pursuing to make Citi a simpler, leaner and more efficient organization that works collaboratively across the businesses and throughout the world to benefit clients and shareholders," said Mr. Pandit.