See correction below
The financial powerhouse Citigroup only has a Chief Operations and Technology Officer, Debby Hopkins, it also has Thomas Sanzone, CIO of its $20 billion Global Corporate and Investment Bank. Responsible for the technical infrastructure of the division, which operates in 100 countries, he leads the $100 billion conglomerate’s working group for application development. In 2003, his group deployed CitiVision, a Web services-based portal application that delivers real-time information to investment bankers in 100 countries and allows them to prepare personalized portfolios for customers and share updated information.
In the past, Sanzone believes, technologists were reactive. He’s overseeing his technology group within Citigroup to be proactive. “Our business partners depend on us to be innovators and show them how technology can give them a competitive advantage,” he says. He’s using technology to help both Citigroup and its customers be competitive.
In this article, we should have originally reported that Debby Hopkins is Citigroup's Chief Operations and Technology Officer.