Citibank said Thursday it had named Carlos Palomares chief financial officer of its North American consumer banking group.

The Cuban-born Mr. Palomares, 52, is a 34-year veteran of Citibank's parent, Citicorp. He most recently was president and chief executive officer of Citibank Federal Savings Bank's east region and was responsible for all the company's branches in Florida and the Middle Atlantic states south of New York. This is his second promotion this year.

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