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Archie Kane, who ran the insurance unit; Helen Weir, a former head of consumer operations; Tim Tookey, the outgoing finance chief; and Truett Tate, former head of the wholesale division, would each lose 25 percent of their 2010 deferred share bonus.
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In a memorandum released Tuesday afternoon, Citi announced that Bill Beckmann, the head of consumer mortgage operations, was put in charge of creating a separate residential mortgage business unit that will issue, package and collect payments on home loans.
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Citi will reorganise itself so that most main business lines will ultimately be run by Robert Willumstad, head of Citi's consumer operations.
She will also be global head of consumer strategy.
Ms. Vu was most recently head of consumer Internet investment banking at Morgan Stanley.
The Guardian and Observer's head of consumer, Jill Insley, picked up the consumer journalist of the year award.
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