July 30, 2020 / 9:03 PM / 14 days ago

MOVES-Citigroup promotes Stephen Randall to global head of liquidity management

July 30 (Reuters) - Citigroup Inc said on Thursday it promoted Stephen Randall to lead liquidity management services globally, putting the 24-year company veteran in charge of managing more than half of the mega-bank’s deposit base.

Randall, who was most recently head of regional treasury, will begin his new role next month, Global Head of Treasury and Trade Solutions Naveed Sultan said in a memo.

Citigroup, the third-largest U.S. bank by assets, had $1.2 trillion in deposits as of the end of June. (Reporting by Imani Moise; editing by Jonathan Oatis)

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