May 7 (Reuters) - Industry veteran Russell Budnick is set to join Citi Wealth as the

global head of capital markets in August 2025, Citigroup ( C/PN ) said on Wednesday.

Budnick spent the past two decades of his life at JPMorgan ( JPM ), where he most recently

served as the global head of market strategy and trading housed within the bank's capital

markets vertical.

He also has experience as a head of trading across taxable fixed income products, credit,

and cross-asset equities, fixed income and currencies, according to his LinkedIn profile.

"Russ is a proven leader with decades of capital markets experience. He is uniquely

positioned to continue the strong momentum of the business and partner across the Citi

organization," said Keith Glenfield, Citi Wealth's head of investment solutions.

In his role as the global head, Budnick will be looking over all the aspects of the

company's capital markets business and will report to Glenfield.