What Happened?
New York, NY-based Citigroup Incorporated has promoted Michael Murray to Head of Human Resources.
About the Company
Citigroup is a diversified financial services holding company that provides various financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. Citigroup Inc. was founded in 1812 and is based in New York, United States.
About the Person
Since joining Citi in 1996, Mike Murray has held roles across Citi's Human Resources Function, most recently as Global Head of Compensation, Benefits and Recruiting. He was named Citi's Head of Human Resources in July 2014. During the financial crisis and its aftermath, Mike helped redesign Citi's compensation practices to match an environment of increased scrutiny, which continues to this day. He has also led efforts to improve the effectiveness and efficiency of our Human Resource function. The HR Transformation is focused on everything from organization structure to site strategy and client experience. Mike's prior roles with Citi include Senior Human Resource Officer for Citi Alternative Investments, the Director of Benefits, Executive Development and the Director of Finance and M&A. Prior to joining Citi, Mike was an employee benefits consultant specializing in International Benefits. Mike graduated summa cum laude with a B.A. in mathematics from Colgate University. He became an Associate of the Society of Actuaries in 1991 and an Enrolled Actuary in 1996.
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