Investment Center Advisory Council

Advisory Council members are alumni and friends of the school:

Marvin Balliet

Marvin Balliet, B'79

Managing Director, Citibank

Marvin J. Balliet is a Managing Director at Citibank in New York City and is currently the Head of Productivity for the US Consumer and Commercial Banks and the North America Mortgage business. In this role, Marvin is responsible for working with business leaders to identify efficiency and effectiveness opportunities, access risks and drive execution that have resulted in over $900 million of expense reductions in the last 18 months for these $4+ billion dollar businesses. Prior to this role, Marvin was the Chief Operating Officer of Citigroup Mortgage Originations, where he was responsible for Sales and Fulfilment support and control organizations and the Mortgage Reengineering Group. Marvin joined Citibank in 2009 as the Global Head of Procurement and Expense Category Management at Citigroup. In this role, Marvin was responsible for leading over 1000 staff in 49 countries. His reengineering efforts led to over $800 million of economic value added through expense reductions, increased revenues and cost avoidance.

Prior to joining Citigroup, Marvin worked at Merrill Lynch in New York City for 23 years. His roles at Merrill Lynch included Chief Operating Officer for North America banks, Chief Operating Officer of Global Wealth Management–Americas Region, Chief Financial Officer of Global Technology & Operations, Director of Risk Management, Chief Financial Officer of Global Debt Markets and Director of Corporate Reporting, among others.

Marvin is a Certified Public Accountant and Chartered Global Management Accountant. He is a 1979 alumnus of Duquesne University and he attended the Columbia University Executive Institute for Financial Management. Marvin is the Chairman of the Board of Citi Credit Services, Inc. in Sioux Falls, South Dakota and on the Business Advisory Council for the Duquesne University School of Business.

Marvin lives in Basking Ridge, New Jersey and is married to his wife of 30 years, Wendy. They have two children, Mark and Anna.