Citigroup Names Adams, Drury as Capital Markets Co-Heads

Citigroup Inc., the third-largest U.S. bank by assets, promoted Doug Adams and Philip Drury to co-heads of equity capital markets for the Americas.

Adams and Drury will report to Richard Zogheb and John Chirico, co-heads of New York-based bank’s Americas capital markets origination business, according to an employee memo today. The memo’s contents were confirmed by Mark Costiglio, a company spokesman.