As head of consumer banking in Asia Pacific and EMEA, Luchetti's track record involved deepening Citi's existing digital presence and building out the bank's wealth management business there, the bank said.
In Asia, mobile adoption grew 18% in 2020 under Luchetti, along with digital partnerships launched with tech companies in India , Hong Kong and Southeast Asia . That expertise is likely something Selva will look to lean on as he takes the reins of Citi's consumer bank. Retail services at Citi encompasses the bank's sweeping consumer and commercial credit card franchise, one of the largest in the US.
Google has partnered with Citi and other banks to offer retail banking services like checking accounts, or "Plex" accounts, through its Google Pay app.
Jane Frasers exit paves way for a reputable Director to C. E. O 👏 👏 👏 congratulations Anand