LONDON, Sept 7 (IFR) - Citigroup has hired Sean Weissenberger from UBS to head its chemicals investment banking business in Europe, Middle East and Africa.
Weissenberger will be part of Citi’s EMEA industrials group, based in London, according to a Citi memo sent to staff seen by IFR.
He will report to Niraj Shah, co-head of EMEA industrials for corporate and investment banking, Koen van Velsen, EMEA head of industrials investment banking, and Paul Smith, global head of chemicals in CIB.
Weissenberger was most recently head of EMEA chemicals at UBS, where he spent almost a decade covering the sector.
The memo said Martin Bastian, who has led EMEA chemicals for the past two years, will broaden his coverage responsibilities in Citi’s German and Swiss business, including with chemical sector clients. (Reporting by Steve Slater)