Mr. Peter is currently the Head of the Private Bank’s businesses in the UK, Israel and Monaco, based in London.

Deepak Sharma, Chairman of CPB, said: Our North American clients are increasingly global in their investment orientation and to be the client’s trusted wealth adviser inevitably demands global capabilities. Peter’s international experience and client skills will certainly help to bring to bear the power of the Citi Private Bank’s global franchise on our clients.”

Jane Fraser, CEO of CPB, said:  We look to Peter’s leadership and guidance in making us the preferred private bank of the high net worth segment, enlarging our market share in the US and Canada.

Citi Private Bank has more than 150 bankers across 25 offices, serving about 10,000 clients, in US and Canada. Moreover, its operations are spread across 31 countries, serving more than 25,000 clients.