Citicorp has named Victor Menezes its first chief financial officer. Christopher J. Steffen, who had been responsible for many of the bank's financial duties, resigned.

For the last three years, Mr. Steffen had overseen the introduction of industrial-company-style management techniques, such as cost controls, at the nation's biggest bank.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.