Citigroup (C) Appoints Adam Clark as Wealth Planning Head

Citigroup (C) has appointed Adam Clark as the head of wealth planning, taking over from Mike Troth, who served as interim leader. Adam Clark will begin his role in November after completing garden leave and will report to Keith Glenfield, the head of Citi Wealth investment solutions. He previously worked at J.P. Morgan as the global head of Trusts and Estates, managing over 500 staff across 40 offices. This leadership change is expected to enhance Citigroup's services for ultra-high-net-worth (UHNW) clients, which is crucial for the bank's growth strategy.