Warsaw, November 9, 2026 – Elżbieta Czetwertyńska has been appointed Head of the newly created Central and Eastern Europe (CEE) region at Citi. For the first time, an incumbent CEO of a Polish bank will lead its investor’s operations across other countries directly from Poland. The newly formed region encompasses Poland, Bulgaria, the Czech Republic, Romania, Slovakia, Ukraine, and Hungary. 

Commenting on the announcement, Nacho Gutiérrez-Orrantia, CEO Citi Europe said:

“Central and Eastern Europe represents a strategically important growth opportunity for Citi, underpinned by increasing global trade and investment flows, a rapidly evolving industrial and technology base and significant investment demands across defense, energy and infrastructure. We see tremendous long-term growth opportunity here, and having Elżbieta lead this expanded region positions us to capture those opportunities and deliver even greater value for our clients. This enhanced structure will strengthen our presence, bring greater scale and connectivity to our operations and position us to accelerate our growth across this dynamic region. Elżbieta is a world-class leader with experience working across European and Latin American countries. Her expertise and deep understanding of international markets will undoubtedly translate into success for Citi and our clients”.

Elżbieta Czetwertyńska said: “I’m delighted to take on this leadership role at such an exciting time for Central and Eastern Europe. As CEE economies become increasingly integrated into global markets, the opportunity for us to deepen our presence and capture growing cross border flows is huge. Our unique strength is Citi's global network, and we want to leverage this opportunity to strengthen our position as the leading partner connecting CEE with global markets.”

Citi has maintained a presence in Central and Eastern Europe for 35 years and employs 11,500 staff across seven CEE markets. In Poland, Citi ranks among the largest financial investors, employing more than 7,000 people across Citi Handlowy and Citi Solutions Center. It remains the sole full-service global corporate and investment bank operating continuously in Ukraine. Throughout the conflict, the institution has shown remarkable resilience, facilitating over $6.5 billion in financing for the Government of Ukraine since the onset of the full-scale invasion.

Elżbieta Czetwertyńska has been with Citi for over 30 years. She has led Citi’s operations in countries including Ecuador, Switzerland, Monaco, and Liechtenstein. Throughout her career, she worked in six countries on three continents, holding diverse managerial roles. Her extensive background spans relationship banking, risk management, product development, and audit. She has served as President of the Management Board (CEO) of Citi Handlowy and Citi Country Officer for Poland since 2021. Earlier this year, Citi completed the sale of its consumer banking business as part of a strategic transformation to focus on its growing institutional business. Elżbieta Czetwertyńska is also the only female CEO of a bank listed on the Warsaw Stock Exchange.