Citi Nabs Another High Profile Banker

Former PricewaterhouseCoopers CEO Samuel Di Piazza, Jr. has joined Citigroup as a Vice Chairman in the Institutional Clients Group and will be a member of the Senior Strategic Advisory Group, which includes some of the bank's most senior bankers focused exclusively on client relationships.

In a press release issued today, John Havens, President and Chief Operating Officer of Citigroup and Chief Executive Officer of Citi's Institutional Clients Group said Di Piazza's "many years of international experience will be of great value to our global institutional client base,"

Di Piazza retired as Global Chief Executive Officer of PwC in September 2009, after serving in the role since January 2002. Over his 36 career at PwC, which included 30 years as a partner, he held several positions including Chairman and Senior Partner at PricewaterhouseCoopers US and was a member of the Global Leadership Team.

Di Piazza is the latest in a number of notable bankers and government figures Citi has hired over the past year including Peter Orszag, President Obama's former budget director, who joined the bank as a senior adviser late last year, according Reuters. Earlier this month, Citi also hired Doug Baird, a top equity capital markets banker from Bank of America.