Citi has filed a counterclaim against its former employee, Kathleen Martin, alleging she was fired for being unable to fulfill her role rather than refusing to fudge records needed by the Office of the Comptroller of the Currency, as she said in her lawsuit in May.
Martin, who was terminated in September 2023 from her role as the bank’s interim data transformation chair after nearly two years at Citi, alleged she was fired for not consenting to Chief Operating Officer Anand Selva’s request that she hide information from the OCC that would make the lender “look bad.”
She filed an amended lawsuit in July, accusing Selva of intentional deceit. Martin claimed Selva “wanted to misreport Citi’s metrics to deceive” the OCC into thinking the bank was compliant with the requirements of a 2020 $400 million consent order the regulator issued over risk management issues.
However, Citi reiterated Thursday that Martin’s expulsion followed a lack of “requisite leadership and engagement skills to successfully execute in the significant role of interim Data Transformation Chair” — a claim the bank had made in June.
Martin joined Citi in November 2021 as a subject matter expert in data governance and was part of a team of at least five senior managers who reported to Rob Casper, Citi’s data transformation chair at the time. When Casper decided to leave the firm, Citi began a companywide search for his replacement, and Martin was chosen for the role on an interim basis.
However, Martin’s...
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