(by Geck Finn)

On Monday, Sallie Krawcheck was appointed Citigroup’s CFO and the head of strategy, and Todd Thomson became the head of Citigroup private client brokerage and equity research arm Smith Barney.

In tight times for market players when stock prices boost Ms Krawcheck appointment appears to be a bridge between the bank and Wall Street. Ms Krawcheck, 39, is one of the youngest and promising stars in market industry. She has very high reputation as independent research leader; she led an overhaul of Smith Barney’s research operation to improve the quality and objectivity of its analysis. She was appointed the head of the group two years ago.

“Sallie has effectively navigated our private client wealth management and research business through one of the most challenging periods in its history, establishing an independent research operation that is well-respected for its objectivity, insight and client service,” said Chuck Prince, Citigroup chief executive.

Todd Thomson, 43, was previously a chief of Citigroup’s private bank, says he wants to get more operational management experience and appreciates his new post. “Todd has strengthened our finance function and consistently promoted greater transparency and clarity in our financial reporting during his nearly five years as CFO,” said Mr Prince.