Dec 22 (Reuters) – Citigroup Inc (C.N) on Thursday named Hamza Girach and Rizwan Shaikh as co-heads of rising markets at its banking, capital markets and advisory division in Europe, the Center East and Africa (EMEA).
Girach and Shaikh have been with the financial institution for roughly 20 years. Girach was a part of the crew that coated Saudi Aramco’s (2222.SE) file preliminary public providing in 2019.
The Wall Avenue big additionally appointed Miguel Azevedo as chairman of rising markets EMEA funding banking, in keeping with an inside memo seen by Reuters.
The appointments have been first reported by Bloomberg Information.
Earlier this month, Reuters reported the financial institution was reducing as many as 50 jobs in EMEA amid a stall in dealmaking.
Reporting by Anirban Chakroborti in Bengaluru and Saeed Azhar in New York; Modifying by Shinjini Ganguli
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