Mountain Mentors Associates

Mountain Mentors Associates is a consulting practice engaged in corporate
finance, communications and training for risk analysis and assessment. Its
principals are Arnold Ziegel, a banking industry executive who spent 34 years at
Citibank and Citigroup, and Dr. Ronna Ziegel, who has been an instructor of
writing and English literature for more than 25 years.  

The firm developed and was the facilitator Citigroup’s Corporate and Investment
Bank Advanced Risk Issues training program.  It ran 25 five and six day courses,
globally, to more than 400 participants over a six year period. Other clients
include the Federal Reserve Board, the Institute of International Finance, Fidelity
Investments, the European Bank for Reconstruction and Development, The Royal
Bank of Scotland, Consultancy Matters, and Intuition Training.  Mr. Ziegel and Dr.
Ziegel created the content for an online learning course in Corporate Credit
Analysis, which is now published as Principles of Credit Analysis on this website.

Mr. Ziegel held leadership positions in many areas of Citibank's global corporate
banking business, with particular emphasis on corporate finance and risk
analysis. He was a Senior Credit Officer of Citibank for more than 20 years. He has
extensive experience as a banker to multi-national corporations, financial
institutions, non-investment grade corporations and entrepreneurs.

Immediately prior to his retirement from Citigroup as a Managing Director in 2002,
Mr. Ziegel was responsible for Citi's Global Banking Industry strategic marketing
and risk analysis.  In this capacity he advised financial services industry clients in
Europe and the United States about corporate strategies to enhance shareholder

For eight years, Mr. Ziegel was Senior Banker and Managing Director for Citibank's
corporate banking and corporate finance business with the Retailing Industry in
the United States, and non-investment grade corporate clients in the New York
City area.  He also has extensive experience as a Senior Banker in Asset

Earlier in his career he managed a portion of Citibank’s Private Banking business
with high net worth entrepreneurs.  He also spent seven years managing
Citibank’s relationships with international ship transportation companies in
Europe and Asia.  

Mr.  Ziegel was a management consultant with the Financial Institutions and
Management Sciences practices of Arthur D. Little, Inc., a consulting firm based in
Cambridge, Massachusetts.

Ronna Ziegel, Ph.D., earned her doctorate in education from New York University.
She holds a B.A. degree in journalism from The Ohio State University, and a
master’s degree in education from Manhattanville College.  She taught writing for
26 years at a highly acclaimed New York suburban secondary school.  Mr.  Ziegel
holds an MBA degree from the Columbia University Graduate School of Business,
and a B.Sc. (with distinction in economics) from The Ohio State University. He
also pursued a Ph.D. in Finance at the New York University Graduate School of

Mr. Ziegel and Dr. Ziegel live in Stowe, Vermont, in the United States.