Citigroup's head of digital assets for markets unit departs, memo says
NEW YORK - Citigroup's head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after more than 14 years, according to an internal memo seen by Reuters.
He is leaving Citi to pursue an entrepreneurial opportunity in the digital asset space, said Lee Smallwood, head of markets innovation and investments at the bank, in the memo.Deepak Mehra will now lead digital assets for the markets unit in an expanded role, the memo said. Mehra is currently international lead for Citi markets' strategic investments.Citigroup is involved in several digital money and tokenization projects.
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