© Reuters. FILE PHOTO: The Citigroup Inc (Citi) in Toronto, Ontario, Canada October 19, 2017. Image taken October 19, 2017. REUTERS/Chris Helgren/File Picture
By Laura Matthews
NEW YORK (Reuters) – Citigroup Inc (NYSE:)’s world head of international trade, Stuart Staley, is leaving the financial institution and an interim head shall be named within the coming weeks, in response to an inner memo seen by Reuters. Staley, who joined Citigroup in New York in 2004, was appointed world head of FX in 2022, in response to the memo, which was signed by Citi’s world head of markets, Andy Morton.
Citigroup declined to remark.
Staley changed Itay Tuchman, who left the financial institution in 2022 after greater than 20 years. Staley joined Citi in 2004 as head of commodities for the Americas and was later promoted to world head of the group in London.
The chief then moved to Singapore in 2018 to grow to be Citi’s head of markets and securities companies for the Asia-Pacific area.
Staley’s function shall be posted and a range panel will convene to decide on his alternative.
