Principal, Trion Group
Richard Banziger is the Head of Citigroup’s US Commercial Banking unit. In this role he oversees Citigroups middle-market banking business for the US providing global banking solutions to mid-sized companies across of rang of sectors.
Prior to his current assignment, Mr. Banziger led Citigroup’s Risk Management organization, overseeing Global Industries and Regional Markets risk management team for Citigroup’s corporate clients world-wide. He managed a team that included over 600 people in 70 countries, with responsibility for direct, counterparty and issuer risk management, including lending, derivatives and commodities hedging activities.
During his tenure with Citi, Mr. Banziger has led the Restructuring Finance and Asset Based Finance businesses, which are components of its Capital Markets organization. In this capacity, his team raised debt for corporate clients through structured, secured credit facilities and other long-term debt and convertible instruments. A significant focus of this business is liquidity generation and refinancing for companies which are temporarily dislocated from traditional capital markets.
Mr. Banziger joined Citigroup in 1984, and began his career in leveraged finance. For nearly 30 years, he has led financing efforts for corporate clients in the syndicated leveraged loan and high yield markets in North America, Europe and Asia.
Richard Banziger received an MBA in Finance from Columbia University in 1985, and a BA in Economics from The Catholic University of America in 1981. He was a member of the Board of Trustees of the Catholic University of America from 2001 through 2013, serving as Vice Chair of the Board, Chair of the Trusteeship Committee and member of the Executive Committee (2010 - 2013), Chair of the Finance Committee (2006 - 2012), and inaugural Chair of the Investments Subcommittee (2002 - 2008), with responsibility for the University’s endowment.
He has also served as a member of the Board of Directors of Plantronics, Inc. a NYSE listed company and Citicorp Venture Capital investment, from 1994 through 1997. He is a frequent speaker and panelist for industry groups such as the American Bankruptcy Institute and the Turnaround Management Association. He currently resides in New York City and Chatham, Massachusetts.