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For Immediate Release Citigroup Inc. (NYSE: C)

Citi Announces Héctor González Cabrera as Citi Country Officer & Banking Head for Paraguay

November 07, 2025

HIGHLIGHTS

  • Héctor González Cabrera has been appointed as the new Citi Country Officer and Banking Head for Paraguay
  • He will lead the execution of Citi’s strategy and operations in the country, delivering the full value of the firm for clients in an important growth market
  • With an 18-year career at Citi, González Cabrera brings extensive experience from senior roles across Latin America, most recently serving as Global Network Banking Head in Costa Rica

VIEW IN SPANISH

ASUNCIÓN – Citi announced today the appointment of Héctor González Cabrera as the Citi Country Officer & Banking Head for Paraguay, as of December 8,2025.  Mr. González Cabrera will report to Federico Elewaut, Banking Head for the South Cluster (Argentina, Paraguay and Uruguay).

Mr. González Cabrera will be responsible for the in-country execution of the bank’s strategy, maximizing Citi’s business with clients present in Paraguay across all products and subproducts both locally and abroad to be our clients’ preeminent banking partner. He will also be responsible for fostering successful client relationships at all levels of the organization and protecting and enhancing Citi’s reputation in the country.

Mr. González Cabrera has an 18-year career at Citi, having recently served as Global Network Banking (GNB) Head for Citi in Costa Rica. His career at Citi began in Paraguay in 2007 as FX Sales for Markets and subsequently as a Risk Analyst. Throughout his career, he held various senior management positions in different geographies, including Risk Team Leader in the Consumer and Health area for Latin America, based in Argentina; Relationship Manager at Citi Uruguay covering Local and Multinational Corporate clients; and for Financial Institutions and NBFI (Non-Bank Financial Institutions) in Costa Rica, before being appointed Head of the multinational segment (GNB).

Commenting on the appointment, Federico Elewaut said “Paraguay is an important growth market for Citi. I am confident that Héctor’s leadership will enable us to continue to provide exceptional support and to deliver the full value of Citi’s network to our clients in Paraguay.”

Citi has been serving clients in Paraguay for more than 67 years.  Provides corporations, governments, investors and institutions with a broad range of financial products and services and has participated in many significant projects for national development by funding landmark infrastructures.

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