Citigroup has made a raft of hires in its central and eastern Europe, Middle East and Africa operations as it looks to boost its emerging markets equities business.
Imraan Moola joins Citi as head of CEEMEA equity derivatives and will be a senior trader focused on developing the firm’s trading, sales and infrastructure across the region. Moola, who will report to Farhang Mehregani, head of CEEMEA equities at Citi, has previously worked at Credit Suisse, Deutsche Bank and Standard Bank.
Steve Holden, previously at Morgan Stanley, will work in equity derivative sales based in London. Holden will report jointly to Moola and Dan Petherick, co-head of flow derivatives sales for EMEA equities.
Luzuko Tashe will also join the firm’s equity derivatives sales team, and Shiran Samuel, previous head of index derivatives at Investec Securities, has been hired to trade delta one products. Both Tache and Samuel will be based in Johannesburg, South Africa, and report to both Moola and Quintus Kilbourn, head of South African equities.
“We have been working to build an emerging markets equities business to leverage off our strength in FX and local markets,” says Mehregani. “Over the past two years, we have improved our equity cash execution and advisory franchise dramatically.”