A. Richard Janiak

Biography of A. Richard Janiak

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

A. Richard Janiak '68 is managing director in the investment products risk department of Citigroup. He joined Smith Barney in 1970 as an associate in the corporate finance division and held various positions in investment banking, including spending three years heading the firm's Tokyo office, two years in Paris, and several years as co-head of Smith Barney's Investment Banking Division. He was named head of the international private client group of Smith Barney, Inc. following the merger of Smith Barney with Salomon Brothers in 1997, and continued those responsibilities until early 2004.

In 2004, he was given oversight of Smith Barney's Alternative Investments area, and was also responsible for the business of Geneva Companies, an M&A advisory firm that worked with privately held, middle market companies. In May 2005, Janiak assumed his current responsibilities as chairman of Citigroup's global distribution product approval committee, which is responsible for the review and approval of all new investment and capital markets products distributed through any of Citigroup's global private client distribution channels. He is also a member of the Citigroup fixed income and equity commitment committees, which renew and approve new securities issues managed or co-managed by Citigroup. Janiak serves as a voting member of the global investment committee of the Citigroup private bank.

Janiak was chairman of the board of Genesis Energy, an American Stock Exchange listed master limited partnership, from June 1999 to May 2002, and previously served on the boards of the Mayflower Group, a transportation and moving company; Fubon Securities Co. in Taipei, Taiwan; Global Wrap Consulting Group in Tokyo, Japan; K.E.B.-Smith Barney Securities in Seoul, Korea; and Soditic Finance in Geneva, Switzerland. He is presently on the NYSE Amex Committee on Securities, whose functions include delisting appeals, and was a member of the national board of directors of A Better Chance, a non-profit organization assisting children of color in the pursuit of education, from 2002 to 2012.