Citigroup has named co-heads of its investment banking division advising financial institutions, following the move of Peter Babej to lead its business in Asia Pacific last year.
Citi has named Stefan Wintels, who stepped back from his role leading the European financial institutions group in July 2018 to focus on the bank’s Brexit plans, as global head of the unit alongside US-based Christian Anderson, according to an internal memo seen by Financial News.
Wintels has held various senior roles at Citi. These have included leading its German and Austrian operations and the establishment of its post-Brexit hub in Frankfurt.
Anderson was previously co-head of Citi’s investment banking business advising asset managers and is a 25-year veteran of the group, having also served as head of diversified financials and speciality finance.
Stefan Hafke, who leads corporate banking for Citi in Austria and Germany, will run the overall business in the countries on an interim basis. Wintels will become vice-chairman of Germany in addition to his role co-running FIG.
Babej, who joined as co-head of FIG in 2010, stepped down from his role in October to become chief executive of Citi’s Asia-Pacific operations.
To contact the author of this story with feedback or news, email Paul Clarke