Carmen Haddad

Carmen Haddad serves as Vice Chair of Citi Private Bank, focusing on expanding wealth client relationships across the Middle East and beyond. A 23-year veteran of Citigroup, Haddad initially rose through the ranks of the firm's private banking arm in the region, establishing herself as one of the institution's most senior bankers in the Middle East.

Career history

• Citi Vice Chair for Middle East Wealth and Banking (appointed January 2020)
• Chief Country Officer (CCO) Kingdom of Saudi Arabia (2017–2023)
• CCO of Qatar (2013–2017) and led Private Bank teams across Gulf, Egypt, and Levant
• Sales and trading at Lehman Brothers in London (until April 1997)
• Merrill Lynch in Private Client Services (January 2000), focusing on U.S. equity trading and alternative investments
• JP Morgan Chase in Asset Management, Portfolio Strategy Group managing globally diversified equity mandates for institutional investors in Europe

Haddad has worked on high-profile Saudi transactions including the Saudi Aramco IPO and inaugural Sovereign Loan and Bond. She was ranked by Forbes Middle East among the Top 100 most powerful and influential Arab Business Women in 2018 and Financial News named her to its list of top 50 Most Influential Women in Finance in the Middle East. Haddad graduated with a Bachelor's degree in Arts from the University of Richmond.

What Carmen Haddad could bring to Vice Chair of Citi Private Bank: Drawing on her 25+ years at Citi and instrumental role establishing the bank's Middle East franchise during the re-entry into Saudi Arabia, Haddad brings deep institutional relationships with sovereign wealth funds, government entities, and family offices across the GCC region. Her expertise spanning wealth management, institutional client coverage, and strategic expansion in emerging markets positions her to deepen Citi's presence among high-net-worth clients and government investors in one of the fastest-growing wealth regions globally.