Inside the mystery of Nacho Gutiérrez-Orrantia's many jobs at Citi

efinancialcareers.com:

Nacho Gutiérrez-Orrantia has got a new job at Citi. What does he do there? He is many things. 

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As of today, Gutiérrez-Orrantia has been appointed Chief Executive Officer of Citibank Europe plc and Vice Chair and Member of the Supervisory Board of Bank Handlowy w Warszawie S.A. This in addition to his existing jobs of 'Head of Europe Cluster and Banking.'

What do these jobs involve? 

As 'Head of Europe Cluster and Banking', Citi says that Gutiérrez-Orrantia: «has overall responsibility for managing relationships with Citi’s clients in Europe, across all businesses, and accountability for a robust risk and control environment.»

As Chief Executive Officer of Citibank Europe plc, Citi says Gutiérrez-Orrantia is head of Citi's Dublin-based European entity for regulatory purposes. 

And as Vice Chair and Member of the Supervisory Board of Bank Handlowy w Warszawie S.A. he has a supervisory role at «one of the largest financial institutions in Poland.»

The array of roles sounds very impressive. However, it also sounds slightly titular and rather...regulatory.

Ostensibly, Gutiérrez-Orrantia is still client-facing, but maybe less so than in the recent past. Until November 2023, he was "Co-Head of Investment Banking and Capital Markets, Europe, UK, Middle East & Africa at Citi." That job has effectively since gone to Jens Welter, who initially hired as co-head with Nacho, but was named head of EMEA and UK investment banking when Gutiérrez-Orrantia was moved into the first of his grandiose spread of new roles.

The distinction between Gutiérrez-Orrantia and Welter in the new structure still seems vague. Ostensibly, Gutiérrez-Orrantia is still a client facing banker: he now heads