Change at the top looks to be coming to Citigroup with reports that Richard Parsons is set to step down.
The Wall Street Journal have claimed the chairman is set to step down three years after he took up the role at the height of the financial crisis.
The bank has not denied the reports and the company is expected to keep the seperate positions of chairman and chief executive.
Citigroup also announced that it had appointed Elissar Farah Antonios as chief executive of its Lebanon office where she has been tasked with improving the client offering. She has been with Citi since 2005 and started her career in London.
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