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Paco Ybarra is CEO of Citi’s Institutional Clients Group, which comprises Banking, Capital Markets and Advisory, Markets and Securities Services, Treasury and Trade Solutions and the Citi Private Bank. He is a member of the Executive Management Team, Chairman of the Institutional Clients Group Risk Management Committee and serves as a Member of the Board of Grupo Financiero Citibanamex, S.A. de C.V.
Prior to assuming his current role in May 2019, Mr. Ybarra was Global Head of Markets and Securities Services. He joined the bank in 1987 in Spain as a Management Associate. During his career he has held positions in Spain, Mexico, Singapore, New York and London. In November 2006, he became Co-Head of Global Fixed Income, and in 2011 he was appointed Global Head of Markets. In November 2013, his responsibilities were expanded to include the Securities Services businesses. He was appointed Deputy Head of the Institutional Clients Group in October 2018.
Mr. Ybarra holds a bachelor’s degree in economics from the University of Valencia in Spain and an M.B.A. from I.E.S.E. in Barcelona. He is a member of the Board of Directors of EMPower in the United Kingdom, which supports local organizations in emerging markets countries that provide at-risk youth with the tools and resources they need to lead healthy, productive lives, and is a member of the Alumni Board of the IESE Business School.