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Alan S. MacDonald is Chief Operating Officer of Global Banking. He is also a Vice-Chairman and board member of Citibank, a member of the Citigroup Operating and Management Committees, the Markets & Banking Operating Committee, and Chair of Citigroup’s Pension Fund Committee.
Prior to assuming his current position, Mr. MacDonald was head of the Global Corporate Bank from 1998 to 2004. In this role, he was responsible for the teams of industry heads, market managers, and relationship managers assigned to the company's customer base of multinational corporations and financial institutions based in North America, Europe, and Japan.
Prior to this, Mr. MacDonald was co-head of Global Markets with responsibility for Citibank's corporate finance activities worldwide.
From 1993 to 1996, he was head of Markets & Banking in the United States and Canada.
From 1990 to 1993, Mr. MacDonald was head of Citicorp’s International Banking and Finance Sector, which provides corporate and investment banking services to Citicorp’s institutional customers in 67 developing and newly industrialized countries in Asia, Latin America, the Middle East, Eastern Europe, and Africa.
From 1986 to 1990, as head of Citicorp’s North American Investment Bank, Mr. MacDonald had responsibility for foreign exchange trading and sales; U.S. Treasury and Agency trading, finance, and sales; interest rate and foreign exchange derivatives; corporate finance; asset-backed securities; municipal finance; Citicorp’s U.S. dollar funding; and Canada and Puerto Rico investment banking activities.
Prior to this, Mr. MacDonald served as Head of Citicorp’s Information Business Group for two years. In this position he defined and developed opportunities for the corporation’s entry into technology-based information services.
From 1979 to 1984, he served as CEO of Banco de Investimento Crefisul, Citicorp’s 49 percent-owned investment banking subsidiary in Brazil.
During 1974 to 1979, Mr. MacDonald was in turn head of Citicorp’s Leasing, Finance, and Export Trading subsidiaries in Colombia and, in 1976, was named CEO of Banco Internacional de Colombia, Citicorp’s 49 percent-owned commercial banking subsidiary in Colombia.
Prior to joining Citicorp, from 1971 to 1974, Mr. MacDonald was an economist with the United Nations Economic Commission for Europe based in Geneva, Switzerland, and was a Financial Management Associate with General Motors in Wilmington, Delaware, from 1962 to 1966
Mr. MacDonald earned a Bachelor of Science Degree from Drexel University in 1966, a Master of Science Degree from the London School of Economics in 1968, and a Doctorate in Economics at Cambridge University, England in 1971. He is a member of The Conference Board; a member of the Economic Club of New York; a Trustee of the American Council in Germany; a Trustee of the Japan Society; ; a Trustee of the South Fork (Long Island, NY) Chapter of the Nature Conservancy; a Trustee, member of the Executive Committee, and Chair of the Marketing Committee of the New York Philharmonic Orchestra and a Trustee, member of the Executive Committee, and Co-Chairman of the Research Committee of the Hospital for Special Surgery in New York. He has served as a Director of Liberty Brokerage Company; a Director of the American Bankers Association Securities Association; and a member of New York Partnership’s High Tech Committee.
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