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Eric W. Aboaf

Chief Financial Officer
Institutional Clients Group
Citigroup, Inc.

Eric Aboaf is the Chief Financial Officer for the Institutional Clients Group at Citigroup, Inc. As CFO, he is responsible for the financial functions of Securities and Banking, Transaction Services and Alternative Investments.

Eric joined Citi in 2003 to serve as Head of Capital Allocation & Deployment; he oversaw the design and implementation of methodology for quantifying Citi's economic capital requirements. In 2004, he added the responsibility of Head of Financial Planning and Analysis.

In that role, he improved budget processes and provided financial and strategic analyses to support all Citi businesses. During 2004 and 2005, he drove Citi's Basel II work with the regulatory community and co-led the first phase of Citi's implementation of that framework. In 2006, Eric became the Deputy CFO for the Global Consumer Group, North America, and took over as CFO in 2007. He became a member of Citi's Management Committee and the Global Consumer Planning Group.

Prior to joining Citi, Eric was a partner in Bain & Company's New York office and Co-Head of its U.S. Financial Services Practice. He has more than 14 years of business strategy consulting experience spanning a number of industries, including banking, insurance, asset management and consumer products. Prior to Bain, he worked at Oliver Wyman & Company, a New York-based financial services strategy firm.

He has been quoted in Credit Card News, Investment News and M&A Magazine, and has published several articles in The American Banker, The Daily Deal, and Harvard Management Update.

Eric is a summa cum laude graduate of the Wharton School of Business at the University of Pennsylvania and holds a Master of Science degree from the Massachusetts Institute of Technology.

 

 

 

 

         
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