Citigroup hires Kate Moore from BlackRock as wealth CIO

NEW YORK (Reuters) - Citigroup (NYSE:C ) announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer.



Moore is expected to join in February from BlackRock (NYSE:BLK ), where she was most recently portfolio manager and served as head of thematic strategy for the allocation business, according to a memo to employees signed by the head of Citigroup's wealth division, Andy Sieg.

The executive has also been chief investment strategist for JPMorgan Chase (NYSE:JPM )'s private bank and held positions at Merrill Lynch and Morgan Stanley (NYSE:MS ). She will replace Steven Wieting, interim CIO since David Bailin's resignation last year.

Source: Investing.com