Citigroup in London has hired Andrew Lakeman, previously at AXA Investment Managers, as v.p. in its structured product sales team. Lakeman is responsible for building Citi's retail and structured business in the U.K. and covers clients ranging from private banks to investment managers.
Lakeman reports to Russell Catley, who joined Citi from AXA last June (DW, 6/13). The extra U.K. marketing position is a new one for the U.S. house, which is expanding its retail and structured products business, noted Catley.