Investment Banking

Citigroup kicks off hunt for UK investment bank chief as Lavelle moves to chair role

Lavelle is a 25-year veteran at Citigroup, who is also vice chair of Emea BCMA

Michael Lavelle
Michael Lavelle

Citigroup is searching for a senior dealmaker to lead its UK banking, capital markets and advisory unit as long-serving chief, Michael Lavelle, has moved into a role dealing with some of its largest capital markets clients in Europe.

The US investment bank is on the hunt for a new head of BCMA for the UK and Ireland to replace Lavelle, who has taken on a new position as chairman of capital markets for Europe, the Middle East and Africa, according to an internal memo seen by Financial News.

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