Havens and Klein named institutional client heads at Citi

Havens will be chief executive of the institutional clients group, while Klein will serve as chairman. The bank said Havens will have responsibility for day-to-day management and strategic oversight, with heads of sales and trading, investment banking, alternative investment banking, and corporate and commercial banking all reporting directly to him. He has also been named chairman of Citi Alternative Investments. Klein, meanwhile, will focus on relationship-building outside the bank.

Citi’s institutional clients group combines the functions of its markets and banking division, as well as its alternative investment arm. The two were run as separate businesses until October last year, when they were brought together under Pandit.

Klein most recently served as chairman and co-chief executive of the bank’s markets and banking section. Havens was formerly chief executive of Citi Alternative Investments, having joined the firm alongside Pandit in April 2007 from hedge fund Old Lane. Both Klein and Havens will report to Pandit.

See also: Citigroup replaces chief risk officer after just three months
Citi names Vikram Pandit as CEO
Citi acquires Old Lane and new head of alternative investments

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here