![]() ![]() ![]() "This well-deserved honor is a significant career milestone for these individuals, and we can all take pride in their contributions to our firm. Women represented 28% of the promotions, up from 25% last year. Another 58 promotions came in other areas of the firm, such as risk management, legal, and HR. Individual divisions began announcing newly promoted MDs last Friday, including 137 in the firm's Institutional Clients Group, which houses its dealmaking and sales and trading teams, and 25 in its Global Consumer bank. Managing director is the highest title at Citigroup, and 220 employees recently earned a promotion to that elite group across the firm, according to a company-wide memo CEO Michael Corbat sent out Tuesday. Business Insider got ahold of Corbat's memo congratulating the 220 new MDs.The MD distinction, the highest title at the firm, was earned by 220 employees across the bank - 137 from the firm's Institutional Clients Group, which includes its dealmaking and sales and trading teams, and 25 in its Global Consumer bank.CEO Michael Corbat sent out an internal memo on Tuesday announcing the firm's new class of managing directors.Account icon An icon in the shape of a person's head and shoulders. ![]()
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