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Announces Plans to Hire 300 Bankers and Brokers

Continuing with a brisk hiring spree over the past two years, Citigroup has recently hired two top execs: John Cummings as chief operating officer for Citigold Wealth Management and Frank Consalo overseeing investment sales as Director of Field Management for Investments for Citi’s Personal Wealth Management team. Both will be reporting to Citigold President Venu Krishnamurthy.

Cummings is a Merrill Lynch veteran who was COO of Merrill’s Global Wealth Management Group and Consalo rejoins Citi after more than 25 years from Pittsburgh-based PNC.

The “Citigold Rush” plans to add 300 more personal bankers and brokers within two years.