Citigroup announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer. Moore is expected to join in February from BlackRock, where she was most recently portfolio manager and served as head of thematic strategy for the allocation business,

Citigroup said that Kate Moore, a portfolio manager at BlackRock, will join its Citi Wealth business as chief investment officer. Moore, who most recently served as head of thematic strategy for BlackRock’s $50 billion global allocation business, will move to Citigroup in February, according to an internal memo seen by Bloomberg News.

Kate Moore was named CIO at Citigroup 's wealth business, joining the firm from BlackRock ’s $50 billion global allocation business.

The financial industry veteran will be taking over a broad mandate, including developing investment strategies and overseeing multiple groups across Citi's wealth business.

GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief investment officer (CIO) for its wealth division. Read more at The Business Times.

Incoming Chief Investment Officer Kate Moore will have “broad responsibilities” at the firm, according to Citi Wealth Head Andy Sieg.

The former head of thematic strategy for BlackRock’s global allocation team will join Citi’s wealth business as chief investment officer.