Most Powerful Women in Finance: No. 19, Citigroup's Tracey Brophy Warson
Chairman, North America, Citi Private Bank, Citigroup
This summer marked a homecoming for Tracey Brophy Warson, who returned to San Francisco, where she spent most of her banking career, with a new job and a new set of goals. In June, Warson became the first person to hold the newly created job of chairman of Citi Private Bank, North America.
Warson’s decision to locate this new position in San Francisco, and her membership on Citigroup’s global leadership team, combine to send a strong signal about the bank’s intentions in the western United States.
“I saw this as a personal opportunity to spark change and create a new senior role focused on deepening relationships with clients across North America, plus grow the Citi strategy and partnerships in California,” Warson said. “This new role focuses on two of my passions: clients and strategy.”
She takes on her new position after five years of running Citi Private Bank, North America, a period that saw the business nearly double in size and add more than 1,000 new ultra-high-net worth clients.
As chairman, Warson has begun to partner closely with Citi’s broader institutional clients group to bring new capabilities to private banking clients. She will also work with the firm’s Global Leadership Team on strategic initiatives, including focusing on digital solutions for clients.
“Digital is the future of work and will continue to become a dominant way our clients will engage with us, especially our next generation clients,” she said. “With this focus on digital, it is even more important to be in the epicenter of innovation and technology and leverage my strong ties in the Bay Area while building new partnerships to optimize our clients’ digital experience with CPB.”