People Moves

Citi Turns To SFO Sector To Build Its Family Office Group

Harriet Davies, Editor - Family Wealth Report, 13 July 2012


Citi Private Bank has appointed Lisa Maurer as director at its Family Office Group.

Citi Private Bank has appointed Lisa Maurer as director at its Family Office Group.

Maurer joins from the family office sector, having led a family office for ten years as president, Citi said. There, she was responsible for all aspects of investment management, treasury and operations for an ultra high net worth family office and foundation. Before that, she was an investment analyst at Hascoe Associates in Greenwich, CT, and earlier still a senior financial analyst with the Boston Consulting Group.

In her new role, Maurer will partner with regional executives and private bankers at Citi Private Bank to deliver its services to family offices. She reports to Stephen Campbell, head of the North America Family Office Group, and is based in New York City.

“She is an experienced wealth management and family office professional who has spent the better part of her career assisting clients with the full range of wealth management issues, including asset allocation, investment policy design, investment management, portfolio analysis, cash flow management and family education,” said Campbell.

Campbell joined Citi in his current role in February 2011, moving over from Zefram, the personal investment company of Amazon founder Jeff Bezos, where he was chief investment officer.

Citi launched its Family Office Group in 2010 to work more closely with the sector, and has continued to build it out. At the time of its launch, the bank promoted Catherine Weir from her previous post as chief executive of the Europe, Middle East and Africa region to run it.

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