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Citigroup (C) Adds Former McQuade CEO as Director

July 13, 2015 4:56 PM EDT

Citis Board of Directors today announced that it has elected Eugene M. McQuade as a new non-executive director, effective immediately. Mr. McQuade is the former CEO of Citibank, N.A. and former Vice Chairman of Citigroup and is currently the Chairman of the Board of XL Group.

We are pleased to have Gene McQuade join us on the Citigroup board, said Citi Chairman Michael E. ONeill. Not only does Gene bring a wealth of expertise from his deep experience in banking, but he also offers continuity of knowledge in the capital planning process which has become so central to... More