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Natica von Althann named to PPL Corporation board

Staff writer |
Allentown, Pa., USA - December 1, 2009, Allentown, Pa., USA - PPL Corporation, an energy company, announced that Natica von Althann has been named to the board of directors.

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Prior to her role at U.S. Trust, von Althann spent 26 years at Citigroup, where she eventually became managing director in the office of the chief financial officer. Ms. von Althann earned a bachelor's degree in political science from Bryn Mawr College and also completed master's-level work in Iberian and Latin American history at the University of Cologne, Germany.

After joining Citibank in New York in 1976 as part of the company's management training program, she was named to a vice president position in 1980. Following vice presidential posts in the Leveraged Capital and High Yield Finance groups, she was named managing director of Citibank's U.S. Telecommunications-Technology group in 1992.

She also served as managing director and global industry head of the retail and apparel group before being named division executive and market region head for Latin America in the private banking group, with responsibility for more than $20 billion in client assets. She served as managing director of the office of the chief financial officer before leaving Citigroup.

In 2003, Ms. von Althann joined U.S. Trust as chief credit officer. She served in that role until 2007 when U.S. Trust was acquired by Bank of America, at which time she was appointed as senior credit risk management executive of Bank of America and served in that role until she retired in June 2008.

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