The JP Morgan veteran, Michael Sak has been appointed at Citi as a vice president and private banker for the company’s law firm group.
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Sak had been associated with JP Morgan for more than 10 years, where most recently he had worked as a vice president in the firm’s private wealth management group.
In his new role, Sak will report to Kerry Gibson, the regional market manager for the group’s Western region.
Gibson remarked "There are a lot of law firms that are headquartered in Chicago. It creates a tremendous opportunity."
The legal group of Citi that was started more than four decades ago currently has more than 200 private bankers and professionals across the US and in the UK.
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By GlobalDataMeanwhile Gibson, who oversees offices spanning from California to Illinois, added that additional hires would be made in the Chicago market as the firm builds out its presence in the region.
