MILAN, Oct 16 (Reuters) - Citi has appointed Roberto

Costa and Federico Monguzzi to jointly lead its Investment

Banking division in Italy, the bank said on Thursday.

Costa, currently Head of Luxury Investment Banking at Citi,

will expand his remit to oversee the investment banking division

in Italy. Costa, who has 25 years of experience advising on

deals in the luxury and lifestyle sectors, joined Citi in 2017

from Mediobanca.

Monguzzi, who serves as Head of Real Estate Investment

Banking for the UK, Europe and the Middle East, will also take

on a broader role to co-lead the Italian investment banking

division. He joined Citi in 2014 from Credit Suisse.

Both executives will report to Patrick Frowein, Citi's Head

of Europe Investment Banking.