May 30 (Reuters) - Citadel Securities has named former

Goldman Sachs executive Jim Esposito as its new

president, a spokesperson for the market maker said on Thursday.

Esposito will be based in Miami and will report to CEO Peng

Zhao when he assumes his role in September.

A nearly three-decade veteran at Goldman, Esposito was most

recently the co-head of the global banking and markets division

at the Wall Street titan. In January, he announced his plans to

retire from the bank.

"Jim was a terrific leader at Goldman throughout his career.

We all wish him well and look forward to new opportunities to

work together," a spokesperson for Goldman said.