February 10, 2020 / 6:40 PM / 19 days ago

MOVES-Citi Private Bank appoints head of direct private investments - memo

Feb 10 (Reuters) - Citigroup Inc’s private banking unit on Monday named Itay Blasenheim its managing director and global head of direct private investments (DPI), according to a memo seen by Reuters.

Blasenheim joins Citi Private Bank after serving as the managing director at Wall Street peer JPMorgan Chase & Co’s private banking unit.

He will be based in New York and report to Chief Investment Officer David Bailin. (Reporting by C Nivedita in Bengaluru; Editing by Vinay Dwivedi)

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