Francisco Aristeguieta joined Citi in Venezuela in 1994. Currently, he is the CEO of Citigroup Latin America responsible for all businesses in the 23 countries where Citi is present in this important region. Latin America accounts for 16 percent of the Global Net Income of Citigroup, employing 30,000 people around the region.
Before this role, he served as Citi Transaction Services (CTS) Head for Latin America & Mexico, managing our Institutional Client Group's (ICG) 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 of the CTS Global Executive Committee.
Prior to that role, Mr. Aristeguieta served as CEO for the Andean Region Cluster of countries and Colombia directly. During that time, he was responsible for all the business in Colombia and the Andean Region Cluster (Venezuela, Colombia, Peru, Ecuador & Bolivia). Prior to this role, Mr. Aristeguieta was the CEO for Citigroup Venezuela and before that, Ecuador.
Mr. Aristeguieta reports to Citi CEO Michael Corbat and is a member of the Citigroup Global Executive Committee. He is also Vice Chairman and member of the Board of Directors of Banco de Chile, the largest financial group in Chile. He is a member of the Board of Citigroup Foundation, the Association of American Chambers of Commerce of Latin America, The Americas Society and Council of the Americas. He has been a member of The Young Presidents Organization (YPO) since 2003. In addition, he served on the Board of Directors of Junior Achievement Americas and of several other Boards among them: Banking Association of Ecuador, Colombia and Venezuela; and American Chambers of Commerce of Ecuador, Colombia and Venezuela, and the Consejo de Empresas Americanas of Colombia. He was also Chairman of the Board of Colfondos in Colombia, 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 was given the SCO (Senior Credit Officer) designation in 2003, Level-II in 2008 and Level-I in 2011, representing the highest risk approval business designation in Citigroup.
Before joining Citigroup, 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 Brunel University in London, England, obtained under a British Council and Petroleos de Venezuela scholarship, 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.