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Citi Private Bank Promotes for Heads of Iberia, Northern Europe

Stephen Harris, 26 September 2007

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Citi Private Bank EMEA has appointed Fernando Lopez to manage its Iberian business and Peter Charrington to manage its Northern European business.

Maria Teresa Pulido, who led CPB’s Iberian and Northern European businesses for four years is to leave Citi to join the Fairfield Greenwich Group as a partner. Fairfield is an alternative asset management firm with over $15 billion in assets under management with offices in New York, London and Madrid.

Mr Lopez succeeds Ms Pulido and will continue with the growth strategy of the Iberia business. He was hired by Ms Pulido in 2004 and since then has significantly contributed to the growth of the business, according to a release from Citi.

Previously he worked as a regional manager at Banco Urquijo leading the team in key regions in Spain. He is based in Madrid, and will report to Catherine Weir, chief executive officer, Citi Global Wealth Management, EMEA.

Peter Charrington, managing director and head of CPB’s UK, Monaco and Israel businesses, will lead CPB’s Northern Europe region, in addition to his current responsibilities.

Mr Charrington joined Citi in 1994 and has an extensive knowledge of the Private Bank, having worked in a number of different areas, including Real Estate Advisory, Middle East Marketing and Credit before joining the UK Team in 1997. He was promoted to manage the UK business in May 2003 and recently assumed management of the bank’s Monaco and Israel businesses.

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