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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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New Compliance Chief, New Internal Audit Chief at Citigroup
CEO Michael Corbat has a new CCO ... and for that matter, a new internal audit chief. In an internal memo last week, Corbat announced that Mark Carawan, the bank’s chief internal auditor, would take the role of compliance chief, succeeding John Davidson. Mr. Carawan had headed IAD since joining Citigroup in 2011. He’ll continue to report to Mr. Corbat.
Davidson, who is now a principal at Pirnie Advisory, stepped down in October after 3 years in that position. Longtime Citigroup veteran Bill Mills has been serving as interim compliance chief.
Mary McNiff, Citigroup’s CAO of Latin America, has been named the new audit chief, reporting to Mr. Corbat and the board’s audit committee. Ms. McNiff has improved controls throughout the region, including through the “strategic transformation program” in Mexico, Mr. Corbat said in the memo.