A. Richard Janiak

Biography of A. Richard Janiak

Portrait of Richard Janiak.

Managing Director, Citigroup, Inc. (Retired)
Board Member, Penn State Smeal College of Business Board of Visitors

A. Richard Janiak '68 spent more than 50 years with Citigroup and a predecessor firm, Smith Barney.  He held several positions in investment banking, including spending three years in Tokyo running Smith Barney's Japanese operations, spending two years in Paris working with European clients; and serving as co-head of the firm's Investment Banking Division for several years.

Following the merger of Smith Barney and Salomon Brothers in 1997, Richard was made Head of the firm's International Private Client Group.  Subsequent responsibilities during his career included being Chair of Citi's Global Retail Distribution Product Approval Committee; Global Head of Investment Products Risk; membership on the Global Investment Committee of Citigroup Private Bank; and Co-Chair of Citigroup's Global Equity and Global Fixed Income Commitment Committees, which committees review for approval new capital markets products for distribution through the firm's investment distribution channels.

In addition to serving on the Smeal College of Business Board of Visitors, Richard's previous board memberships include Genesis Energy, LP, a publicly traded master limited partnership; Mayflower Group, a transportation and moving company; Fubon Securities Co. in Taipei, Taiwan; KEB-Smith Barney Securities in Seoul, Korea; Sooditic Finance in Geneva, Switzerland; and A Better Chance, a non-profit organization assisting children of color in the pursuit of education.

Richard earned a Bachelor of Science degree from Penn State in 1968 and an M.B.A. from the University of Chicago Graduate School of Business in 1970.