Citi Confirms Brazil Head Hire

Citi has confirmed it has hired Andre Kok as managing director and head of global banking for Brazil. Kok will report to Eduardo Cruz, global banking head for LatAm, and Gustavo Marin, CEO for Citi Brazil and South Cone. Kok will be based in Sao Paulo and be responsible for corporate and investment banking in Brazil. Previously, Kok stepped down as head of investment banking at Itau last August. Kok had been with Itau for more than 5 years, after joining from UBS in 2005. He had been rumored to be considering a return to the Swiss bank.