Citi Private Bank has appointed William Woodson as its head of the North America Family Office Group and managing director. As a result, the previous head, Stephen Campbell, will become chairman of the arm.
Based in Florida, Woodson will report to Peter Charrington, CEO of Citi Private Bank in North America and Catherine Weir, global head of the Family Office Group.
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Woodson joins Citi from Credit Suisse where he was head of the Ultra High Net Worth and Family Office Business for its North America division. He had also previously held a private banking role at Merrill Lynch.
Charrington said: "In Steve and Bill we have two exceptional family office resources for our clients. Steve has done a remarkable hob leading this key business unit in the past three years and we look forward to its continued growth with Bill at the helm. We recognise that family offices are as unique as the families they serve and our team’s mission is to help ensure the success of each individual family we serve."
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