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Citigroup, the New York City-based bank with $52.8 billion in revenue, has named John Gerspach CFO. Edward Kelly, the bank’s finance chief since March, has been appointed vice chairman. Gerspach, 55, most recently was Citi’s controller and chief accounting officer. Since signing on at Citi in 1990, he has served as CFO and chief administrative officer for various units of the bank. Before joining Citi, Gerspach was CFO of Penn Central Industry Group and comptroller for the defense contracting group at ITT Corp.

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