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Chief Executive Officer
Francisco Aristeguieta is the CEO of Citigroup Asia and is responsible for all businesses in the region's 16 markets. In addition to Asia, Mr. Aristeguieta is also responsible for the Consumer operations in the U.K., Russia, Poland and the U.A.E., which account for almost 30 percent of Citigroup's global earnings.
Before assuming this role in June 2015, he served as CEO of Latin America, leading a three-year repositioning effort in the region's 23 countries where Citi is present. Prior to that, he was Citi Transaction Services (CTS) Head for Latin America & Mexico, managing our Institutional Clients Group's core product set: Cash Management, Trade, Custody, Corresponding Banking and Export Agency Finance. He was a member of the Banco Nacional de Mexico (Banamex) Executive Committee and the CTS Global Executive Committee. Mr. Aristeguieta has also served as CEO for the Andean Region Cluster of countries (Venezuela, Colombia, Peru, Ecuador and Bolivia) and Colombia directly, following stints as CEO for Citi Venezuela and, before that, Ecuador.
Mr. Aristeguieta reports to Citigroup CEO Michael Corbat and is a member of the Citi's Operating Committee. He is also a member of the Board of Citigroup Foundation and Citi Ventures, and serves on the Board of Trustees of the Asia Society. He has also been a member of The Young Presidents Organization (YPO) since 2003. In addition, he served as Vice Chairman and member of the Board of Directors of Banco de Chile, the largest financial group in Chile. He has been a member of several other boards, such as the Association of American Chambers of Commerce of Latin America, the Americas Society and Council of the Americas, Board of Directors of Junior Achievement Americas, Banking Association of Ecuador, Colombia and Venezuela, as well as American Chambers of Commerce of Ecuador, Colombia and Venezuela, and the Consejo de Empresas Americanas of Colombia. He was also Chairman of Colombia's Board of Colfondos, the third-largest pension funds manager in that market.
Mr. Aristeguieta joined Citigroup in 1994 as Vice President and Senior Relationship Manager for the Corporate Bank. In 1997, he became Head of the Corporate Bank, Financial Institutions and Public Sector for Citi Venezuela. He earned the Senior Credit Officer designation in 2003, Level II in 2008 and Level I in 2011, representing the highest risk approval business designation at Citi.
Before joining Citi, Mr. Aristeguieta worked for Vestcor Partners, for which he covered debt capital markets for Venezuela, Colombia and Brazil, and, prior to that, for Petroleos de Venezuela's (PDVSA) Project Finance Group.
Mr. Aristeguieta holds an M.B.A. from London's Brunel University, where he attended on a British Council and Petroleos de Venezuela scholarship. He also has a graduate degree in banking and finance and an undergraduate degree in business administration with a major in management, both from the Universidad Metropolitana in Caracas, Venezuela.