Ex-Citigroup Executive Graham Said to Sue for Age DiscriminationBy and
Dealmaker files lawsuit in London employment tribunal
Graham, who left bank this year, alleges unfair dismissal
Gilles Graham, a former Citigroup Inc. chairman for financial institutions in Europe, the Middle East and Africa, is suing the bank for age discrimination in a London employment tribunal, according to a person familiar with the lawsuit.
The 58-year-old also alleges unfair dismissal, according to court documents that only identified the plaintiff as G. Graham. He was identified as the person bringing the litigation by an individual who declined to be identified because the lawsuit is active.
Bankers and traders are turning to U.K. employment tribunals to seek compensation after leaving firms. Awards are capped at about 80,000 pounds ($100,000) unless claimants can prove they were victims of discrimination or suffered detriment for disclosing corporate misconduct.
Graham didn’t immediately respond to calls seeking comment at advisory firm Ondra Partners in London where he joined this year. A Citigroup spokeswoman declined to comment.
He has worked at firms including Lehman Brothers Holdings Inc. and Morgan Stanley advising on French and U.K. banking transactions. He joined Citigroup in 2010 from Nomura Holdings Inc.