Citizens Financial Group appointed Aunoy Banerjee as executive vice president and chief financial officer. He will serve on the company’s executive committee and report to chairman and CEO Bruce Van Saun.
Banerjee joins Citizens from Barclays, where he currently serves as CFO of Barclays Bank, leading a large, global, multifunctional team supporting multiple lines of business including U.S. consumer, global corporate and investment banking, and private bank and wealth management.
Banerjee will join Citizens on Oct. 24, 2025. As previously announced, current CFO John Woods will depart the bank on Aug. 15, 2025. Chris Emerson, executive vice president and head of corporate planning and enterprise finance, will serve as CFO during the interim period.
“Aunoy is a seasoned leader with a broad background and strong record of accomplishment over his career,” Van Saun said. “His experience in leading finance functions at multiple large financial institutions and overseeing highly complex transformation and optimization programs positions him well to have immediate impact as we execute our ambitious growth and transformation agenda.”
“I could not be more excited to be joining Citizens to help drive sustainable growth and value for all of its stakeholders,” Banerjee said. “The bank has been on an exciting and transformational journey, and I look forward to partnering with Bruce and the leadership team to help take Citizens to the next level.”
A 25-year financial services veteran, Banerjee will have responsibility for the financial planning and analysis, business line finance groups, controller, investor relations, treasury, tax and capital management functions, as well as property and procurement.
Prior to Barclays, Banerjee served in a number of increasingly responsible finance and transformation roles at State Street over eight years, most recently as head of investments and third party management and chair of State Street India. He also served as chief transformation officer and, prior to that, ran corporate FP&A and oversaw the CFO functions within its business units. He previously spent 11 years at Citi with several roles of increasing importance, including business unit CFO for capital markets and securities services, finance head of CCAR and head of corporate forecasting and planning. He began his professional career at General Electric as part of its finance management leadership program.
Highlights of Banerjee’s broad experience include overseeing a £1.1 trillion balance sheet at Barclays Bank and co-leading the firm’s sweeping investment bank simplification initiative. At State Street, he oversaw the firm’s $100 billion-plus investment portfolio and its balance sheet funding position. Additionally, as chief transformation officer, he led an enterprise-wide transformation aimed at simplifying operations, increasing operating margin and productivity, and boosting both organic and inorganic growth.
Banerjee holds a master of business administration degree from the University of Rochester Simon School of Business and a Bachelor of Science degree from St. Stephen’s College at the University of Delhi.
