(JUST A FEW ANYWAY)
Ellen Alemany:
Chief Executive Officer, Global Transaction Services
Corporate and Investment Banking
Ajay Banga:
Chairman & Chief Executive Officer
Global Consumer Group � International
David C. Bushnell:
Senior Risk Officer
Citigroup Inc.
Nicholas E. Calio:
Senior Vice President
Global Government Affairs
Citigroup Inc.
John L. Donnelly:
Head, Human Resources & Corporate Affairs
Corporate and Investment Banking
Robert Druskin:
President and Chief Executive Officer
Corporate and Investment Banking
Michael Froman:
Managing Director
Chief Operating Officer
Citigroup Alternative Investments
Richard Garside:
Chief Operating Officer
North America Operations & Technology
Global Consumer Group
Bill Johnson:
Executive Vice President
Partnership Group
Citi Cards
Global Consumer Group
Lewis B. Kaden:
Vice Chairman
Chief Administrative Officer
Citigroup Inc.
Kevin Kessinger:
Chief Operations & Technology Officer
Citigroup Inc.
Sallie L. Krawcheck:
Chief Financial Officer
Citigroup Inc.
Stephen H. Long:
President, International Operations
Citigroup Inc.
Hans Morris:
Chief Financial Officer
Head, Finance, Technology and Operations
Corporate and Investment Banking
Chuck Prince:
Chairman and Chief Executive Officer
Citigroup Inc.
Bill Rhodes:
Chairman, President & Chief Executive Officer, Citibank N.A.
Chairman, President & Chief Executive Officer, Citicorp Holdings Inc.
Senior Vice Chairman, Citigroup Inc.
Gerald R. Ford:
Former President of the United States, Honorary Director
HISTORY:
Introduction
My team and I have decided to look into the inner workings of citigroup. We chose this company due to one of our members being one of the many individuals employed by citigroup. This granted us an insider�s view of the company and what makes it the banking power house that it is today. Keep in mind that this will be a general overview and I will not be getting into minuet details.
MIS Theory
Citigroup was created in 1998 when Citicorp and Travelers Insurance merged into one giant company made up of Citicorp�s multinational banks and Traveler�s Insurance�s many diverse companies including brokerage firms and insurance companies, as well as many others. At the time due to the Glass-Steagall Act, this merger was illegal, but fortunately by 1999 thanks to the Gramm-Leach-Bliley Act the companies were able to finalize their merger as citigroup legally. This merger was to create a form of Customer Relations Management (CRM) as a one-stop shop for those looking for banking and insurance solutions. This was to create a sort of umbrella through out all of their companies to cover all of their customers needs. This gave them a very good leg up against their competition.
Findings
After all of my research I realized that citigroup�s past before the merger as well as after the merger was not always a good one. There are long lists of scandals reaching back to the 1800�s all the way to a recent one which led to the link between Enron and citigroup. In fact, citigroup has been linked too many corporate scandals by lending these companies money in order to cover up financial loses.
Citigroup even went through a few management strategies through out its existence. They ended up creating a multi-CEO platform which was thought to be unmanageable by the press and the critics and even dubbed "The Noah's ark school of management." Of coarse this style of management did not last long and became a part of citigroups many failed ventures in their history.
Conclusion
It is known that citigroup is one of the largest and most powerful Banking and Insurace companies in the world. What you might have learned a bit about here is how they got to be who they are today and a few people involved in citigroups continuing success. If you would like to learn more about citigroup, their history and their products please take a look at my other teamates pages as well as the links I have provided for an in depth and informative look at citigroup.
