Mr. Michael L. Corbat is a Chief Executive Officer at Citigroup Global Markets Ltd., a Chief Executive Officer & Director at Citigroup, Inc., a Chief Executive Officer at Citigroup Global Markets, Inc., a Member at The Financial Services Forum and a Member-International Business Council at Forum Mondial de L'Economie.
He is on the Board of Directors at The Institute of International Finance, Inc., Citigroup, Inc., Citibank Maghreb SA, New York City Partnership, Swedish-American Chambers of Commerce of the USA, US Ski & Snowboard Team Foundation, The Clearing House and The Kennedy Center Corporate Fund. Since becoming CEO in 2012, he has focused on leveraging Citi's unique global network to serve its institutional and consumer banking clients with an emphasis on strong execution and the highest ethical standards. In the process, Mr. Corbat has made Citi a simpler, smaller, safer and stronger institution. Citi has improved the quality and consistency of earnings, and Mr. Corbat is committed to creating shareholder value by serving Citi's stakeholders and fulfilling Citi's mission of enabling economic growth and progress. Prior to his current role, Mr. Corbat was CEO of Europe, Middle East and Africa where he oversaw all of Citi's business operations in the region, including consumer banking, corporate and investment banking, securities and trading and private banking services.
Previously, Mr. Corbat served as the CEO of Citi Holdings, Citi's portfolio of non-core businesses and assets. Mr. Corbat has also served as the CEO of Citi's Global Wealth Management unit and was Head of the Global Corporate and Global Commercial Bank at Citi.
He received his undergraduate degree from Harvard University.
He serves as Chairman of The Clearing House Association Supervisory Board and Vice Chairman of the Financial Services Forum.
He is also an executive committee member of the Partnership for New York City, a permanent board member of the Bank Policy Institute.