People Moves
Citi Bolsters California, Texas Offices With Hires From Wells Fargo
Citi Private Bank has appointed Mark Hewson as director and foreign exchange investment specialist and Maggie Osorio as director and law firm group private banker, based in San Francisco, CA, and Houston, TX, respectively. Both joined from Wells Fargo.
Hewson will report to Francois Du Pasquier, managing director and head of foreign exchange and commodities, while Osorio reports to director Greg Richesin, who is also the law firm group’s Texas team leader, based in Dallas, TX.
“Hewson brings with him a successful track record of sales leadership in foreign exchange products, including forwards, non-dollar swaps, options, dual currency instruments, and a strong knowledge of commercial, private banking and investment products,” said Du Pasquier.
Previously, Hewson worked at Wells Fargo in San Francisco, where he was a senior vice president and national sales manager. In that role he led a team of 12 FX specialists dedicated to serving the firm's private banking clients.
Before joining Wells Fargo in 2007, he was regional sales director and risk solutions consultant at Travelex in Los Angeles, CA. Additionally, he has held senior FX sales positions at Bank of the West and Ruesch International.
Meanwhile, Osorio has extensive experience in growing deposits, investments, loans and revenues, Citi said. She also joins from Wells Fargo, where she was a senior vice president and private banking manager.
She joined Wells Fargo after having spent four years as senior vice president and private banking regional director at Wachovia Bank.
In other developments, Citi brought in Eugene Miller as an ultra high net worth private banker with a background in the multi-family office industry in Connecticut in February.
Within the same week, the firm appointed Jane Bachmann as a director and UHNW private banker for its North American Asian clients group.
More recently, Michael O'Neill was selected to take over from Richard Parsons as chairman of the board at the annual meeting of stockholders in April, after Parsons said he would not seek re-election and would be leaving the board.
