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Citi appoints new FX chief

The bank has found a new leader for its foreign exchange business: Nadir Mahmud

Citigroup has found a new leader for its foreign exchange business: Nadir Mahmud.

The bank has promoted Mr. Mahmud to global head of foreign exchange in London after the announced departure of Anil Prasad, the man who help Citi develop the currencies business into the second-biggest in the industry.

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