Citi Promotes Mark McNultyas to Head of EMEA Payments and Receivables, Treasury & Trade Solutions

Citi, the global bank and an institution connecting millions of people across hundreds of countries and cities, announced today that it has named Mark McNultyas as Head of Payments and Receivables (P&R) EMEA, Treasury and Trade Solutions (TTS).

Mark brings more than 20 years of payments and transaction banking experience, he succeeds Ireti Ogbu who transitioned to her role as Citi Country Officer in Nigeria.In his new role, Mark will be responsible for building and delivering successful and innovative solutions for digital payments and collections. Mark will begin his transition from current position to the new role and will fully take over from 1st January 2021.

Mark’s expertise in the complexities of global banking transaction makes him uniquely suited to lead Citi into its next chapter.

In the new role, Mark will be responsible for spreading clearing transformation and cutting-edge digitization of the business, commercializing P&R digital capabilities, and driving the evolution of the TTS business and operating model. He will work to strengthen TTS EMEA's ability to maintain and deepen client relevance and increase Citi's market leadership in transaction banking across all 55EMEA countries.

According to his LinkedIn profile, Mark joined Citi in 1999 and has held numerous roles across the organization, including within Client Operations and Finance, before moving to TTS Product Management in 2006 to lead the European Funds Transfer Payments product team in Citibank Europe plc. In his most recent role, Mark led the Global Clearing and FI payments team and was responsible for the continued growth, development and transformation of the FI Payments product set.

Prior to that, Mark was the EMEA Clearing and FI Payments Head. Throughout his career, Mark has represented Citi on numerous industry bodies and currently serves on the Fedwire Wholesale Payments Advisory Group. He holds a Bachelor of Commerce degree from the University College Dublin.