Citigroup Inc hired Andy Sieg to lead its global wealth arm, the lender said on Thursday, from Bank of America Corp , where he led the Merrill Wealth Management unit.
Sieg was a member of Bank of America's management committee, running an $18 billion business with $2.8 trillion in client balances. He led the 25,000-person "thundering herd" of financial advisers named for Merrill's famous bull logo.
"This is a fantastic opportunity to build a leading wealth management business at the world's most global bank at a time of massive wealth creation," he said in a statement. Hans joined Bank of America in 2014. She leads the international and institutional groups responsible for Merrill’s largest client relationships.
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