Mark Watson has left Citigroup after 22 years in the firm, according to an internal memo seen by Financial News.


Watson was co-head of global credit markets at Citigroup in London and one of the most influential bankers in fixed-income, according to Financial News.He has been instrumental in building the bank into one of the most powerful fixed-income houses in the European and international markets over the past ten years.

Although Watson could not be reached for comment, Citigroup senior management in the memo said that he “has chosen to leave to pursue new opportunities,” Financial News reported.

In its Feb 12 issue, ASR reported that Citigroup announced a reorganization of its fixed-income business, which affected Watson. The management shake up involved Citigroup executives in the U.S., Europe, the Middle East and Asia.

The changes in administrative heads included Sandeep Arora serving as COO and Jeff Carleton as chief risk officer. Meanwhile, Jo-Anne Williams was appointed as CFO. The announced heads of the group included Chad Leat and Watson, who became the co-heads of credit markets.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.