William Rhodes Biography
The Rhodes Center was founded in 2007 with the generous support of William R. Rhodes, a class of 1957 graduate of Brown University. William R. Rhodes joined Citibank upon graduating from Brown and worked there for 53 years, rising to the position of Senior Vice Chairman of Citigroup and Citibank, N.A. He currently serves as Senior Advisor to Citigroup and is also a member of the Watson Institute's board of overseers.
Rhodes gained a reputation for international financial diplomacy for his leadership managing external debt crises in developing nations in the 1980s and 1990s. He headed the advisory committees of international banks that negotiated debt-reduction agreements for Argentina, Brazil, Jamaica, Mexico, Peru, and Uruguay. In 1998, when the Republic of Korea experienced liquidity problems, he chaired the international bank group that negotiated the extension of debt to the Korean banking system.
Rhodes currently serves in leadership positions at a wide variety of organizations, such as: Director of Banamex, Global Adviser to South Korea President Lee Myung-Bak, Chairman of the U.S.-Korea Business Council, and member of the International Policy Committee of the U.S. Chamber of Commerce. He is also Governor and Trustee of the New York-Presbyterian Hospital and member of committees at the Lincoln Center and Metropolitan Museum of Art.
Rhodes is recipient of The Banker's first-ever Lifetime Achievement Award and winner of the Latin Finance Magazine Lifetime Achievement Award in 2008. He is also a frequent contributor to the Financial Times, and began warning about the impending debt crisis related to real estate in 2006. The Financial Times published this biography in 2007.