Carey Lathrop

Carey Lathrop has had a distinguished career in the financial services sector, marked by significant roles at industry giants like Citigroup and Apollo Global Management, Inc. His educational journey began with a strong foundation in technology and economics, earning a B.S. in Computer Science and Economics from Stony Brook University between 1980 and 1984. He furthered his education with an M.B.A. in Finance from the prestigious Harvard Business School, which he completed from 1986 to 1988.

Early Career

Carey's professional trajectory started at IBM, where he worked as a Systems Programmer in Poughkeepsie, New York, from 1984 to 1986. This technical role provided a solid grounding before he transitioned into the financial industry. He then joined Salomon Brothers in 1988, beginning a long and successful stint. He held various roles, including Unit Leader Generalist Sales and Fixed Income Generalist Sales, before moving to Salomon Smith Barney Holdings Inc., where he continued to focus on investment-grade financial institutions.

Career at Citigroup

In 1998, Carey joined Citigroup, the start of a lengthy career that saw him rise through the ranks. His roles at Citigroup included Head of US Investment Grade Syndicate and Global Head of Emerging Market Credit Trading, among others. By 2019, he had advanced to the position of Global Co-Head of Markets, a role that placed him on several key committees such as the Citigroup ALCO and the ICG Reputational Risk Committee. He also served as COO of Citibank N.A. and chaired the Citigroup Business Practices Committee, demonstrating his significant influence and responsibility within the organization.

Career at Apollo Global Management, Inc.

Carey's career took a new direction in October 2022 when he joined Apollo Global Management, Inc. as Partner and COO of Credit. By July 2023, he had taken on the additional role of Head of Performing Credit. At Apollo, Carey leverages his vast experience in market and credit risk, contributing to a firm known for its expertise in private equity, credit, and real assets.

Industry Involvement

Throughout his career, Carey has been actively involved in industry-wide initiatives. Notably, he was a member of the US Treasury Borrowing Advisory Committee (TBAC) of The Securities Industry and Financial Markets Association (SIFMA) from December 2012 through April 2018, where he provided market feedback to the Treasury Department.

Summary

Carey Lathrop's career is characterized by his ability to handle high-level operational roles and his deep expertise in credit markets. His contributions have made significant impacts on the organizations he has been part of, and he continues to bring his extensive knowledge and strategic insight to his current role at Apollo Global Management, Inc.