https://archive.fo/faeNy
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TR = total rewards!!
@bj+1jj5911dj This guy Citis!
@ep+1jj5911dj, what's "TR"?
The final changes and reorgs into Tech and TR's world will happen in mid to late February.
We need to know the internal system of Citi -
Private Bank & Wealth no longer Citi’s Crown Jewel hence exit of top personnel like Japan Mehta, Shadman, Hoping to see what will happen to Anand Selva..
The Old GFT - Milly Webb is now CIO of HSBC so Tim brought his guy to lead that. A good portfolio with less Risk ..
Technology goes to CISO - under AL who is a veteran - He will leverage old Veteran’s like Mike R. Peter Holden to make technology steady.. But will he separate architecture and security from Operations? Yet to see ..
Why did Technology go away from CIO ? Lofthouse did not want to deal with the craziness of Technology and his top people already found home somewhere think of Nick Nadgauda.. I think 6 months from now Julien Courbe will lead CIO ..
So why not to David Griffiths - Well David did not want operations he only wanted Engineering and Devops .. Still think Stuart Riley will take David to HSBC -
I think there will be more reorg coming 2025 will be a hard year for people.. Expect old Private bank MDs to leave the firm and expect more from PWC to join..
Just my 2 cents
Is the new Functions Tech lead this guy ?
https://www.irishtimes.com/business/2024/03/05/pwc-strips-partners-of-leadership-roles-over-election-rule-breaches/
This is fake news. I don’t believe it. Peter Holden said the layoffs were over with. He wouldn’t lie.
When will we know about changes
Changes are effective now - https://www.businessinsider.com/citi-reorganization-technology-leadership-services-fraser-memos-2025-1
Anyone has more info on Tim Ryan memo ?
Will Tim Ryan look at the inflated management layers at TECH?
When will this changes happen