Mark rufeh biography

  • Read the full biography of Mark Rufeh, including facts, birthday, life story, profession, family and more.
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  • Mark Rufeh, a Citigroup executive, spoke to the School of Business students about the economic crisis.
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  • mark rufeh biography
  • Citigroup executive Mark Rufeh told a University of Miami School of Business audience Thursday night that world economies are in the crisis of “epic proportions” and offered perspective on the road to recovery in the corporate world.

    “We built what I consider to be the ‘Perfect Storm,’” Rufeh said, who is the chief administrative officer of Citi’s Institutional Clients Group.

    Speaking in the Storer Auditorium, he said this crisis is not unprecedented and the lessons learned from it should not be forgotten.

    “History has cycles,” he said. “These crises have been driven by a colossal failure of common sense.”

    These failures include not being able to effectively manage and identify substantial risks of business.

    Rufeh said large financial corporations need to recognize patterns in history and adjust their business plans to combat such failings in the future.

    Rufeh suggested that instead of pouring resources into unstable business opportunities without completely assessing the risks, corporations need to first take into consideration the people they work for and the people who work for them.

    Such large corporations must focus efforts on balancing the interests of consumers, services and institutions to restore strength in the economy.

    “You have to care about your empl

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