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Citigroup Hires Rode as German Head of Equity Derivatives Sales

Citigroup Inc. hired Matthias Rode as head of cash equity program trading, cash sales trading and equity derivatives sales in Germany, according to two people familiar with the matter.

Rode, who previously worked for Dresdner Kleinwort, Morgan Stanley and Main First Bank AG, will join Citigroup tomorrow, according to the people, who declined to be identified. He will be based in Frankfurt and work with Nikolaus Detzler, who joined the firm’s equity derivatives sales team on May 1.

Citigroup spokeswoman Anette Baum wasn’t available to comment when Bloomberg News called.

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