Accion International has hired Michael Schlein, a longtime Citigroup Inc. executive, as its president and chief executive.

The Boston nonprofit, which supports microfinance around the world, announced the appointment Thursday. Schlein will succeed Maria Otero, who was confirmed last month as the undersecretary of state for democracy and global affairs.

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.