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Citigroup Global Consumer Group Marjorie Magner, a member of Accenture's board of directors since February 2006, was until September 2005 Chairman & CEO of the Global Consumer Group at Citigroup, responsible for the company's operations serving consumers through retail banking, cards and consumer finance, as well as for finance, credit and other staff functions.
From April 2002 through August 2003, Ms. Magner was Chief Operating Officer of Citigroup's Global Consumer Group, responsible for the North American Retail Banking organization, the Global Retail Banking product, Primerica Financial Services, CitiFinancial North America, Women & Co., and CitiCapital. Ms. Magner worked jointly with the Citigroup International management team to oversee consumer operations in Western Europe and Japan. She was also instrumental in planning and executing many of Citigroup's acquisitions and was involved in the subsequent integration of the acquired companies.
Ms. Magner, named to the Fortune magazine list of Most Powerful Women in Business from 2001-2004, has been a strong supporter of diversity in the workplace. At Citigroup she aggressively promoted providing financial services geared to women. She helped establish Citibank Community Development (CCD) as a viable business strategy, focusing on initiatives such as affordable mortgage programs and creating and overseeing Citigroup's Microfinance division. Ms. Magner also led Citigroup's Global Consumer Group Community Relations efforts and has received numerous awards and honors for her advocacy on behalf of women and children.
Ms. Magner joined Commercial Credit, a predecessor company to Citigroup, in 1987. Before joining Citigroup, she worked as managing director of the Chemical Technologies division for Chemical Bank. She began her career in the actuarial department of Equitable Life Insurance.
Ms. Magner currently serves as Chairman of the Brooklyn College Foundation and as a member of the Dean's Advisory Council for the Krannert School of Management at Purdue University.
Ms. Magner holds a B.S. degree in psychology from Brooklyn College, which recently awarded her the Distinguished Alumni Medal, and an MSIA degree from the Krannert School of Management at Purdue University, from which she also received an honorary doctorate.
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