Sharma's empire in the Citi grows

Citigroup promotes Deepak Sharma to head all wealth management businesses outside of the US.

Citigroup Global Wealth Management has announced that Deepak Sharma is being promoted to CEO, to oversee all of its wealth management business outside the United States. The move expands SharmaƆs responsibilities for the Asia-Pacific and Middle East to include Europe and Latin America and reinforces the growing importance of Asia for private banking.

Sharma will continue to be based in Singapore, reporting to Sallie Krawcheck, chairman and CEO of the bank's wealth management division. He will now manage a...

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