Citi Replaces U.S. Retail Banking Head

Citigroup ‘s retail banking head in North America, Teresa Dial, has left the firm, The Wall Street Journal reports. Manuel Medina-Mora, Chairman and CEO of Citi Latin America and Mexico, will succeed Dial as CEO of Citi Consumer Banking for the Americas.

In the new role, Medina-Mora will manage the retail branch network, the Citi credit and debit card business and the local commercial bank in the Americas. Medina-Mora will also serve as the Chairman of Citi’s newly created Consumer Council, where he will oversee Citi’s global consumer strategy and will work in association with all regional CEOs.

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