Citi AI Names COO

Jan 9 2008 | 1:15pm ET

Continuing the shakeup precipitated by the ouster of CEO Charles Prince and the appointment of Vikram Pandit as his successor, Citigroup named Jacob Lew chief operating officer of its alternative investments division.

Lew moves to Citi Alternative Investments from the firm’s wealth management business, where he also served as COO. He succeeds Don Callahan, who became chief administrative officer of the whole of Citi last month.

Prior to joining Citi, Lew served as director of the U.S. Office of Management and Budget for three years under President Bill Clinton, after 30 years as a policy adviser in Washington, D.C.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...