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Citigroup Names New Co-heads of Emerging Markets Division in EMEA

Source: Daisy

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Citigroup Inc reportedly (C.N) on Thursday named Hamza Girach and Rizwan Shaikh as co-heads of emerging markets at its banking, capital markets and advisory division in Europe, the Middle East and Africa (EMEA).

Girach and Shaikh have been with the bank for roughly two decades. Girach was part of the team that covered Saudi Aramco's record initial public offering in 2019.

The Wall Street giant also appointed Miguel Azevedo as chairman of emerging markets EMEA investment banking, according to an internal memo.

Earlier this month, the bank was cutting as many as 50 jobs in EMEA amid a stall in dealmaking.

Source: Reuters

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