Citi has named Gonzalo Luchetti as its next Chief Financial Officer, with the transition scheduled for early March 2026 following the filing of year-end results. Luchetti, who currently leads U.S. Personal Banking, has been with Citi since 2006 in roles across finance, strategy, and global consumer businesses. Under his leadership, the U.S. personal banking unit delivered sustained operating leverage and higher returns through card modernization, branch network updates, and strengthened controls. Citi leadership cited his financial expertise, operational background and record of improving business performance as core factors in the decision.
He will succeed Mark Mason, who will step down from the CFO role after seven years and move into a new position as Executive Vice Chair and Senior Executive Advisor to Chair and CEO Jane Fraser. Mason will support strategic planning and preparation for Citi’s next Investor Day while working with Luchetti through the transition period. He plans to leave the company at the end of 2026 after more than two decades in senior financial and strategic roles. Citi described the handover as part of its long-term succession efforts as it focuses on meeting its 2026 return targets.
