Citigroup names David Livingstone EMEA head

Reuters

Published Jan 17, 2019 09:00AM ET

(Reuters) - Citigroup Inc (N:C) on Thursday named David Livingstone as head of its operations in Europe, the Middle East and Africa region, in place of Jim Cowles, according to a memo seen by Reuters.

Livingstone, who was most recently the Wall Street bank's chief country officer for Australia and New Zealand, is taking charge at a time when financial institutions in the U.K. and Europe are reorganizing in anticipation of a hard Brexit.

In his previous stint in the EMEA, Livingstone was the vice chairman of the investment banking and capital markets division in the region.