Citigroup Inc. has a void to fill in its Europe, Middle East, and Africa (EMEA) team, following the departure of its head David Cohen, who has announced his decision to part ways with the lender, according to a recent Reuters report.
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Mr. Cohen served as the Head of EMEA Flow Credit Trading at Citi for almost six years, based out of the group’s New York City branch. During his tenure, he helped man the lender’s investment-grade trading desk – he will be parting ways with Citigroup at the end of the month.
In tandem with the announcement, Citigroup has already announced a fresh appointment to its EMEA team, namely in its high-yield trading desk. Amit Raja has been appointed as its newest head with immediate effect, whilst also remaining in his current role as the Global Head of Distressed Trading and Par Loan Trading – EMEA.
Prior to joining Citigroup in 2010, Mr. Cohen served as a managing director and Head of Investment Grade Trading at Mitsubushi UFJ Securities for almost two years. Additional stops also include Calyon as its Head of Credit Trading with the bulk of his career being dedicated to Morgan Stanley. In this capacity he worked in several senior roles including stints as a managing director and head of the lender’s London Credit Trading, according to information made public on his Linkedin profile.