Citi private bank appoints CEO and chairman

As part of its effort to reorganise its business and focus more on wealth clients, Citi has appointed Jane Fraser as CEO of Citi private bank and Deepak Sharma as chairman of the same division, according to an internal memo that FinanceAsia has seen.  Fraser, who has been working as the global head of strategy and M&A, joined Citi in 2004 as head of client strategy and management for the global banking division. Prior to joining Citi, she was a Partner at McKinsey & Company in…