Citigroup Inc. has announced the appointment of Nicole Giles as its new Chief Accounting Officer, effective February 21, 2025, and Controller, effective immediately. Giles, 53, brings extensive financial leadership experience, having previously served in various senior roles at J.P. Morgan Chase & Co., including Chief Accounting Officer and Controller from 2017 to 2020, and more recently as Chief Financial Officer of Commercial & Investment Banking.

As part of her compensation, Giles will receive an annual base salary of $500,000 and replacement deferred equity and cash awards totaling approximately $13.7 million, which will vest through January 2029. She will also be eligible for discretionary incentive compensation and benefits under Citi’s corporate policies.

Giles succeeds Robert Walsh, who is stepping down as Citi’s interim Chief Accounting Officer. Additionally, she replaces Patrick Scally, who had been serving as Citi’s interim Controller.