Citi has made three new hires to its European equity derivatives index team as it continues to redefine its equities sales capabilities and trading platform in the EMEA region.
Seventeen-year equity derivatives veteran Chiehmi Chan will join Citi in the coming weeks as head of European equities derivatives index trading. Chan, who has experience in both flow and exotic derivatives trading, previously worked for Deutsche Bank as head of equity trading in Asia (ex Japan) and head of equity emerging markets.
Utz Oberhansberg, another former Deutsche Bank employee, joins Citi as managing director, equity derivatives index trading. At Deutsche Bank, Oberhansberg was head of flow derivatives trading in Asia. He has also worked for Lehman Brothers, Morgan Stanley and BNP Paribas.
Citi has also hired Iain Clamp as a director in equity derivatives index trading. Most recently, Clamp was head of index trading at Dresdner. Prior to Dresdner, Clamp spent 14 years on the buy-side at Infinity Capital Markets and UFJ International.
Both Clamp and Oberhansberg will report to Chan, while Chan will report to Antonin Jullier and Ronan Connolly, deputy heads of trading for EMEA equities at Citi.
In addition, Citi has also hired Enrico Lais as a director on its single stock derivatives trading desk. Lais joins from Barclays Capital and previously spent 16 years at Deutsche Bank.
Citi has recently undergone a major revamp of its equity operations, including a raft of hires to its emerging markets equity business at the end of June.