Citi Private Bank Strengthens Capital Markets Team

New York – Citi Private Bank announced today the appointment of Kristen Bitterly Michell as Capital Markets Head for the Americas. Ms. Bitterly Michell will be based in New York and report to Iain Armitage, Global Head of Capital Markets, Citi Private Bank. In this capacity, she is responsible for asset allocation, product advice, and execution across capital markets for the Americas region. "Under Kristen's experienced leadership, we will bring together the best execution capabilities and investment opportunities for our clients. This is an exciting time for the Investments team in the Private Bank as we continue to grow assets under management and ever improve our client service," said Mr. Armitage.

Most recently, Ms. Bitterly Michell served as Investment Counselor Head for the Eastern Region for the Private Bank. Prior to that, she served as Capital Markets Head of Structured Solutions. She led a team of experienced product specialists that provided ultra-high-net-worth investors with cross asset derivative strategies, bespoke structured products and hedging and liquidity strategies. Before joining Citi, Ms. Bitterly Michell led structured product sales to Latin American investors at Credit Suisse and previously provided structured derivative solutions to private investor clients at JPMorgan. Ms. Bitterly Michell holds a Bachelor of Arts from the University of Notre Dame and an M.B.A. from the Kellogg Graduate School of Management at Northwestern University.

"I am excited to take on this new role and return to my capital markets roots. I look forward to harnessing Citi's robust Capital Markets capabilities and our access to markets worldwide on behalf of our Private Bank clients," said Ms. Bitterly Michell.

Citi Private Bank is one of the world's fastest growing private banks; dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders. With approximately $460 billion in global assets under management, the franchise includes 48 offices, serving clients across 116 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, preserve legacies, and serve family and family business needs through objective advice and a truly open architecture investment platform. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.

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Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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