Citigroup Board Elects James Flanagan as New Independent Director

Citigroup Inc. announced on October 21, 2026, that its Board of Directors has elected James (Jim) Flanagan as a new independent director, with his service commencing immediately. Mr. Flanagan has also been appointed to the Board’s Audit Committee and will serve as a Board member of CitiBank, N.A.

Mr. Flanagan brings significant operational and risk management experience to the board. He spent nearly 40 years at PricewaterhouseCoopers (PwC), rising from audit partner to Chief Operating Officer and Vice Chairman from 2014 to 2021. In this role, he was responsible for all aspects of the firm’s U.S. operations, including human resources, information technology, finance, real estate, and risk and regulatory matters. During his tenure, he led significant operational changes and cost restructuring that drove substantial profitability improvements.

Before his time at PwC, Mr. Flanagan led the firm’s U.S. Financial Services practice, a $4 billion business spanning audit, consulting, and tax services for banking, insurance, and asset management clients. He also built and led PwC’s Transaction Services practice, becoming a recognized expert in sell-side diligence and establishing IPO readiness, valuation, and capital markets offerings.

Currently, Mr. Flanagan serves on the boards of Integer Holdings Corporation (NYSE: ITGR), where he is a member of the Audit and Technology Strategy Committees, and Cyabra, Inc. (NASDAQ: CYAB), where he chairs the Audit Committee and serves on the Compensation and Nominating and Governance Committees. He previously served as a board member and Audit Committee Chair of Belami Ecommerce from 2022 to 2025.

The Board determined that Mr. Flanagan is independent in accordance with Citigroup’s Corporate Governance Guidelines, which are intended to comply with the New York Stock Exchange corporate governance rules. The filing confirms there are no family relationships between Mr. Flanagan and any officer or other director of Citigroup, nor are there any related party transactions involving him and Citigroup.