REUTERS/Stefan Wermuth/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Nacho Gutiérrez-Orrantia, one of Citi's (C.N) 's most senior bankers in Europe, will become the bank's head of banking in Europe as part of its planned restructuring, people familiar with the situation said.
In his new role of head of the Europe cluster, the Spanish banker will look after Citi´s businesses in the region.
Prior to the restructuring, Europe was part of its EMEA business unit, the second-largest region on a revenue basis, according to Citi's 2022 annual report.
Gutiérrez-Orrantia was appointed in 2021 as its co-Head of Banking, Capital Markets and Advisory (BCMA) for Europe, Middle East and Africa (EMEA) and has spent 19 years at the bank.
The US bank recently appointed former Deutsche Bank UK deputy CEO Tiina Lee as UK Citi Country Officer (CCO) and UK cluster and banking head.
Persons:
Stefan Wermuth, Nacho Gutiérrez, Orrantia, Jens Welter, Jane Fraser, Ernesto Torres, Tiina Lee, Andres Gonzalez, Pablo Mayo Cerquerio, Anousha Sakoui, Louise Heavens
Organizations:
Citibank, City of, REUTERS, Reuters, Citi, EMEA, Banking, Capital Markets, Advisory, Bilbao, Credit Suisse, Deutsche Bank UK, Citi Country, Thomson
Locations:
City, City of London, Europe, Spanish, Middle East, Africa, EMEA, America, Asia South, Asia, Australia, Japan