Gutierrez will join Citi from Global Political Strategies (GPS), a division of global strategic communications firm APCO Worldwide, where he was chairman of GPS.
He previously served as US Secretary of Commerce from 2005 to 2009 under President George Bush.
Gutierrez joined the Bush administration after spending nearly 30 years with Kellogg Company. He joined Kellogg in 1975 as a sales representative before rising to president and CEO in 1999. In April 2000, he was named chairman of the board of Kellogg.
Citi’s Institutional Clients Group CEO John Havens said Citi’s clients and Global Banking franchise will undoubtedly benefit from Carlos’s vast corporate experience, global perspectives and respect as a trusted advisor.