Story 230

There is a manager in Rutherford — a long-time protégée of a senior data executive in Citi’s Data organization — who arrived in a Tech group without any relevant technological background. No engineering history. No product experience. No prior exposure to ERM. And yet she was handed technical teams to lead.

What followed was predictable. Daily calls that go nowhere. Problems that are never solved, ownership that is never taken, delivery that never materializes. When things go wrong — and they do, consistently — the move is always the same: find someone else to blame. Redirect attention. Make the person raising the problem the problem.

When a senior professional raised concerns that he was being systematically diminished — placed in a capacity well beneath his seniority and experience (age relevant here) — she called HR. In public. For all to hear. With no regard for the confidentiality of a legitimate employee concern.

Not to address his concerns. Not to take accountability. With no pretense of being a manager whose job is to advocate for her people.

To cover her tracks. HR asked if he had been promised anything. She denied it.

That senior professional has since been pushed out of the company. There are others.

This is what unqualified management looks like when it is protected from above. It does not fail quietly. It consumes people.

But it would be a mistake to treat this as the story of one bad manager. Look up.

The protecting executive — the Head of ERM Data — has little relevant background in his own product and data role. That was said by an MD in his own group, who described his relationship to the subject matter as an interest rather than an expertise.

He has described, with apparent pride, how he makes things as difficult as possible for his team. He has laughed about it openly. He has spent regulatory budget on whatever his boss wants, without question.

This is not a failure of hiring. This is a structure. Unqualified people protecting unqualified people, occupying roles that shape the careers and livelihoods of people who are, by every measurable standard, more capable than they are.

When leadership looks like this, the organization underneath it cannot function. The dysfunction is the natural output of a system that was never designed to deliver — only to endure and expand its empire in the process.

Similar Posts

  • Story 247

    On Staying in the Room — A Response to Story 242 and a Continuation of 246. I responded in Story 246. And now let me be clear about what I am doing. Very early in my career I was almost always the only woman in a pack of men. I was put off by women…

  • Story 327

    The lawsuit recently filed against Citi Wealth is, unfortunately, a familiar tale. The company follows a well-established playbook: employees who raise concerns can expect retaliation. I know because it happened to me. Shortly after COVID, I reported a significant issue with a trading platform in the Private Bank. Months later, while I was on FMLA…

  • Story 311

    Story 310: Thank you for your incisive analysis of Fortune’s seeming pay-to-play article on Jane Fraser. I agree with every word and would just add that, like most of today’s leaders – male and female – she expects to have it both ways. 1. In the recent article by Barron’s, which I assume Citi “paid…

  • Story 97

    I worked for a small firm that was bought last year by a large bank. During the transition period, I was informed that my title and responsibilities would be “changing.” I was then demoted from an Associate back to an Analyst and told this was a policy that was “standard” and “would apply across the…

  • Story 245

    The Day I Became a Threat What happens when you do everything right — and it’s used against you I have spent my career being the person who follows the rules. Not out of timidity — out of principle. I report what needs to be reported. I document what needs to be documented. I show…

  • Story 300

    I was a Business Analyst at Citi in 2023 when a new senior leader arrived with a great deal of fanfare. Almost immediately, I noticed that he paid an unusual amount of attention to several of the younger female analysts. One in particular stood out—a tall woman with honey-blonde hair and Eastern European accent. The…