Ida Liu, an 18-year veteran of the bank, did not detail her future. Citi eliminated her post and will instead have four regional private-banking chiefs.

Citigroup Inc. is revamping the management structure of its private bank following the resignation of Ida Liu, who’s led the unit for almost four years.

The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.

The head of Citigroup’s private banking business said Monday she is leaving the firm. Ida Liu, who had been the global head of Citi Private Bank since April 2021, made the announcement on LinkedIn. “Great careers are defined by embracing new challenges and opportunities,