Executive Moves
Citi hires ex-Sanlam Private Wealth boss Penny Lovell
Citi Private Bank has hired Penny Lovell as managing director in a bid to boost its wealth management division. Lovell was previously chief executive of Sanlam Private Wealth, and exited the business last February following Sanlam’s acquisition by private equity house Oaktree Capital Management in 2021. Lovell had joined Sanlam…
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