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Home>Citi Board Elects John C. Dugan and S. Leslie Ireland to Board of Directors

Citi Board Elects John C. Dugan and S. Leslie Ireland to Board of Directors

Citi Board Elects John C. Dugan and S. Leslie Ireland to Board of Directors

10/03/2017

Citi Board Elects John C. Dugan and S. Leslie Ireland to Board of Directors

Citi’s Board of Directors today announced that it has elected John C. Dugan and S. Leslie Ireland as new independent directors, with service commencing today. Mr. Dugan, a former Comptroller of the Currency, recently retired from Covington & Burling LLP where he chaired the Financial Institutions Group. Ms. Ireland spent 31 years working in the United States Intelligence Community, most recently serving as the Assistant Secretary for Intelligence and Analysis for the US Treasury Department.

Citi Chairman Michael E. O’Neill said, “We are pleased to have John and Leslie join Citi’s Board of Directors. Cybersecurity and anti-money laundering are top priorities for the company. Leslie’s extensive experience working to protect the integrity of the financial system will support this critical work. John has a deep understanding of our industry from his exceptional experience working with financial institutions. I know that both will make valuable contributions as members of the board.”

John C. Dugan

Mr. Dugan served as Comptroller of the Currency from 2005-2010. As Comptroller, Mr. Dugan headed the agency that supervises over 1,500 national banks and federal branches of foreign banks, which together hold nearly two-thirds of the assets of the US commercial banking system. He also served on the Board of Directors of the Federal Deposit Insurance Corporation.

From 1993-2005, Mr. Dugan was a partner at Covington & Burling, specializing in financial institution regulatory matters. After re-joining Covington in 2011 following his service at the OCC, he chaired the firm’s Financial Institutions Group, where he counseled a broad range of financial services firms and provided independent advice to boards of directors, including Citi’s board since 2015.

Mr. Dugan previously served at the U.S. Department of the Treasury from 1989 to 1993, where he was appointed Assistant Secretary for Domestic Finance and had extensive responsibility for policy initiatives involving banks and financial institutions. From 1985 to 1989, Mr. Dugan was Counsel and Minority General Counsel for the U.S. Senate Committee on Banking, Housing, and Urban Affairs. He received his Bachelor’s degree from the University of Michigan in 1977 and graduated from Harvard Law School in 1981.

S. Leslie Ireland

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