Sergio Forastiero

Sergio Forastiero

Regional Chief Auditor Latin America (ex Mexico)

Sergio Forastiero is the Regional Chief Auditor of Citigroup Latin America (ex Mexico) responsible for delivering high quality, timely, valued, integrated assurance & insight to key stakeholders in respect of culture, governance, risk management and internal control of all businesses and functions in the 22 countries where Citi is present in this important region.

Sergio joined Citi Internal Audit on 22 August 2013. He joined Chase Manhattan Bank in the late 1980s as a senior auditor in Buenos Aires covering wholesale banking operations and the personal and private banking businesses in Argentina, Chile and Uruguay

In 1993 he joined JP Morgan as its Argentina Audit Manager before moving to BankBoston at a time when the franchise was expanding – both organically and through acquisition. In the next twelve years, Sergio’s scope of responsibility increased and he reached the position of Regional Audit Director, Latin America (ex Brazil). He also oversaw internal audit for the International Private Banking business in the US and the retail banking operations in Hong Kong.

In 2005, Sergio was promoted to International Audit Director & SVP for Bank of America and transferred to the UK. In this new role, Sergio had oversight for audit coverage for the firm’s international businesses and activities. This included Fixed Income and Equities, Corporate and Investment Banking, Capital Markets, Retail and Consumer Lending businesses (ex UK Credit Card Business), support functions and the role of International Regulatory Liaison. His responsibility spanned 23 countries in Europe, Asia and Latin America.

Following the bank’s acquisition of Merrill Lynch, Sergio’s responsibilities included oversight for audit coverage for the Corporate and Investment Banking, Treasury & Cash Management and Wealth Management businesses in the EMEA Region and continued the liaison with international regulators. Sergio returned to Latin America in 2010 as Latin America Regional Audit Director & Senior Vice President and in 2012 his responsibilities expanded to include oversight for audit coverage for the EMEA Wealth Management business and related divestiture.

Sergio has a Bachelor of Science Degree in Accounting from Universidad de Buenos Aires and is a Six Sigma Green Belt.

Sergio is married with one son.