Citi Private Bank Expands Presence in Southwest

Chris Klecka Joins as Ultra High Net Worth Private Banker

NEW YORK--(BUSINESS WIRE)-- Citi Private Bank announced today that Chris Klecka rejoins the firm as an Ultra High Net Worth Private Banker. In this capacity, Mr. Klecka will provide investment strategies for the firm’s Southwestern-based clients. Mr. Klecka will be based in Phoenix and report to Kush Malhotra, Regional Market Manager for Western Region – South, Citi Private Bank. “Phoenix is a strategic growth market for the Western Region. Welcoming Chris to the team demonstrates our commitment to increasing our presence in Arizona and further positions the Private Bank as the provider of choice for wealthy families and business leaders in the Southwest,” said Mr. Malhotra.

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Prior to this role, Mr. Klecka served as a Chief Financial Officer for a prominent Family Office. There he led the formulation of investment strategy and oversaw business management for the family’s many entities and real estate holdings. He also played a key role in helping the family advance plans for one of its major mixed use developments. Mr. Klecka previously was a Private Banker for Citi, where he and his partner banker successfully onboarded 20 new clients in two years and developed a new book of business. Prior to this, he was a Private Banker with U.S. Trust based in Phoenix, where he managed a portfolio of 150 high net worth individuals, their families and businesses, with total assets under management exceeding $500 million.

Mr. Klecka is active in the Phoenix community and previously held board seats for the Children’s Museum of Phoenix, the Hon Kachina Volunteer Awards, and Learning Ally. He holds a Bachelor of Science in Business Administration from the University of Arizona.

“I am excited to rejoin Citi Private Bank. Citi is the only Private Bank that can cater to the global appetites and investment needs of wealthy Southwestern families and individuals, and provide truly institutional calibre service to this increasingly sophisticated client segment,” said Mr. Klecka.

Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders. With approximately $390 billion in global assets under management, the franchise includes 48 offices, serving clients across 130 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, preserve legacies, and serve family and family business needs. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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View source version on businesswire.com: http://www.businesswire.com/news/home/20171025005847/en/

Sophia Stewart
Global Public Affairs, Citi Private Bank
(212) 816-7140

Source: Citi