Citi adds Gutierrez as Vice Chairman of Institutional Clients Group.

Carlos Gutierrez will join Citi as a Vice Chairman of the Institutional Clients Group and a member of the Senior Strategic Advisory Group. Mr. Gutierrez moves over from Global Political Strategies (GPS), a division of global strategic communications firm APCO Worldwide, where he was Chairman of GPS. He previously served as United States Secretary of Commerce from 2005 to 2009 under President George W. Bush.

Mr. Gutierrez joined the Bush administration after spending nearly 30 years with Kellogg Company, joining in 1975 as a sales representative before rising to President and Chief Executive Officer in 1999. In April 2000, he was named Chairman of the Board of Kellogg Company. During his tenure as Chairman and CEO, Mr. Gutierrez led the company through several years of sustained growth before joining the Bush Administration.

"Citi's clients and our Global Banking franchise will undoubtedly benefit from Carlos's vast corporate experience, global perspectives and respect as a trusted advisor," said John Havens, Chief Executive Officer of Citi's Institutional Clients Group.

As Secretary of Commerce, Mr. Gutierrez was responsible for a Cabinet agency with some 38,000 workers and a $6.5 billion budget focused on promoting American business at home and abroad. During his tenure, he regularly engaged foreign government and business leaders to discuss ways to enhance trade and promote U.S. exports. Mr. Gutierrez played a key role in the passage of CAFTA-DR, a landmark agreement that strips away trade barriers and expands export opportunities throughout Latin America. In addition, he also served the Bush Administration as Co-Chair for the Commission for Assistance to a Free Cuba and was actively involved in U.S./Cuba policy. Mr. Gutierrez studied business administration at the Monterrey Institute of Technology in Queretaro, Mexico.