Citi Private Bank names Chad Reddy as Western market executive to drive North American growth

Citigroup has appointed industry veteran Chad Reddy to lead its private banking operations in the West. He joins from Bank of America to drive regional growth.

Insights:
Citigroup Inc. Private Bank North America announced on February 19, 2026, that it has appointed Chad Reddy as market executive for the West. This senior leadership hire, which involves Chris Biotti, is designed to alter the regional private-bank leadership structure as part of a strategic North America push. The appointment of Reddy, a 25-year wealth-management veteran, signals a significant shift in the bank's regional management.
Reddy joins the organization after previously serving at Bank of America Corporation Private Bank. His professional history also includes several senior roles at Wells Fargo & Company Private Bank. This transition from rival institutions to Citi Private Bank is framed as a central element of the company's strategy to bolster its presence in the Western United States.
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