By Laura Matthews

NEW YORK (Reuters) – Citigroup Inc (NYSE:)’s world head of international alternate, Stuart Staley, is leaving the financial institution and an interim head can be named within the coming weeks, based on an inside memo seen by Reuters.    Staley, who joined Citigroup in New York in 2004, was appointed world head of FX in 2022, based on the memo, which was signed by Citi’s world head of markets, Andy Morton.

Citigroup declined to remark.

Staley changed Itay Tuchman, who left the financial institution in 2022 after greater than 20 years. Staley joined Citi in 2004 as head of commodities for the Americas and was later promoted to world head of the group in London.

The manager then moved to Singapore in 2018 to grow to be Citi’s head of markets and securities companies for the Asia-Pacific area.

Staley’s position can be posted and a variety panel will convene to decide on his substitute.