Citi Board Nominates Ernesto Zedillo to Board of Directors

“Dr. Zedillo’s extensive experience as a world leader and his expertise in global economics make him a valuable addition to the board,” Richard Parsons, Citi’s chairman said in a statement.

Citigroup announced on Friday that it would be nominating Ernesto Zedillo, former president of Mexico, for its board of directors at its shareholder meeting on April 1.

Adding Zedillo, an economist widely credited with steering his country through the so-called Tequila financial crisis in the mid-1990s, is the latest move by Citi to repopulate its board of directors with banking experts.