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MOVES-Citi names insider Raymond Gatcliffe as CEO of Canada operations
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MOVES-Citi names insider Raymond Gatcliffe as CEO of Canada operations
Apr 10, 2025 10:13 AM

April 10 (Reuters) - Citigroup ( C/PN ) on Thursday named

Raymond Gatcliffe, a three-decade company veteran, as the chief

executive officer of its Canada operations.

Gatcliffe, whose appointment is effective April 1, succeeds

CEO John Hastings, who will stay on as a member of the board.

Hastings was at the helm since 2010, according to his LinkedIn

profile.

The leadership change comes amid a shake up of the

decades-old global trade order triggered by sweeping tariffs

from U.S. President Donald Trump. Canadian Prime Minister Mark

Carney on Thursday reiterated that Ottawa would respond with

force until Washington lifted the tariffs.

"Canadian companies are internationally focused and we look

forward to continuing to support them with Citi's leading global

products and network," said Gatcliffe.

Gatcliffe most recently served as the North American Head of

Citi's Commercial Bank, in New York. He has also led the

lender's Commercial Bank in Europe, the Middle East and Africa

during his career that began at Citi Trinidad in 1994.

Gatcliffe will also assume the role of Country Officer,

Citibank Canada said.

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