Cecilia "Cece" Stewart, the veteran retail banker who spent three years trying to turn around Citigroup's (NYSE:C) flagging U.S. consumer and commercial banking operations, is leaving the company next month.

Citi Chief Executive Michael Corbat announced Stewart's departure and several other senior management changes in an internal memo on Thursday. Stewart, who ran the retail bank operations for Wachovia and the private bank at Morgan Stanley (MS) before joining Citigroup in early 2011, will "retire at the end of April to focus her energy on her personal passions and service on several boards," Corbat wrote.

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