July 30 (Reuters) - Citigroup ( C/PN ) has appointed
Arnould Fremy as head of UK, Europe and Middle East & Africa
transportation, according to an internal memo seen by Reuters on
Wednesday.
Fremy, who will be based in London, joins from UBS,
where he was global head of transportation.
In his new role, Fremy will work alongside Vassilios
Maroulis and Nick Slater to strengthen European sector coverage,
according to the memo.
He will also partner with Neeraj Vasudev, Citi's head of
transportation and logistics, and John Grier, vice chair of
industrials, to drive global coverage and content.
The appointment follows Citi's recent hiring of two senior
executives from JPMorgan ( JPM ) to bolster its leadership team
and expand its financing business.