Citi hires Morgan Stanley oil veteran Randall O’Connor

Head of strategic transactions quits to join Citi as Morgan Stanley pulls back from physical oil trading

Citi, London

Citi has hired Randall O’Connor, a managing director at Morgan Stanley, to become its new North American head of commodity finance, according to a source familiar with the situation. 

Until his departure from Morgan Stanley in April, O’Connor led the bank's strategic transactions group, working on structured deals such as supply-and-offtake agreements with refiners. He also served on the board of directors of TransMontaigne, Morgan Stanley’s US physical oil trading subsidiary. Prior to joining

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