Powered by

Most Powerful Women to Watch: Gonca Latif-Schmitt, Citigroup

Sep 29, 2020 - American Banker

Global Head of Commercial Cards

Corporate travel drives much of the revenue for Citigroup's commercial credit card business, so when the pandemic hit and ground travel to a halt, revenue suffered. Instead of lamenting the loss of business, Gonca Latif-Schmitt, the global head of Citi's $600 million commercial card business, saw an opportunity for her team to focus on developing new sources of revenue in the business-to-business market.

"Although we know that travel will eventually co...