People Moves
Citigroup Names Penny Lovell For Private Banking Role
Lovell has worked for a variety of wealth management organisations, including Sanlam Private Wealth, Coutts, Fleming Family & Partners, Close Brothers AM and Rothschild Wealth Management.
Penny Lovell, a familiar figure in UK wealth management who has
been a managing director at Citigroup since last July, has joined
Citi Private
Bank as a managing director. She will work with select
wealth clients, the bank confirmed to this news service
yesterday.
Lovell – who has been a judge for this news service’s
European awards programme – has 25 years’ experience in the
sector.
Before joining Citigroup, Lovell was CEO of Sanlam Private
Wealth, where she spent five years. Prior roles include head of
private client, marketing and distribution at Close Brothers
Asset Management as well as managing director roles at Rothschild
Wealth Management and senior roles at Fleming Family & Partners
and Coutts.
Separately, Citi Private Bank has also appointed Andrew Lewis as
a director, supporting Lovell in expanding the bank’s offering
across the wealth continuum. Lewis has more than 20 years’
experience working with high net worth clients.
