ECONOMY

Citigroup appoints Lekkas regional head of investment banking

Citigroup Inc has named Linos Lekkas head of investment banking for Central Europe, Middle East and Africa as the third-biggest US bank by assets reorganizes staff amid job cuts. Lekkas, 38, joined Citigroup in January 2011.

He will continue to be head of corporate investment banking for countries including Greece, Bulgaria, Hungary and Poland. [Bloomberg]