Citigroup Japan Investment Banking Chief Jimbo Said to Leave

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Citigroup Inc.’s head of investment banking in Japan, Yuichi Jimbo, is leaving the company, a person with knowledge of the situation said.

Jimbo will retire from Citigroup Global Markets Japan Inc. next month and the firm hasn’t found a replacement yet, the person said, asking not to be named as the matter is private. A phone call and e-mail to Jimbo weren’t immediately answered.

Jimbo joined the unit as deputy president and head of investment banking four years ago after previously working at JPMorgan Chase & Co. He began his career with Bank of Tokyo Ltd. in 1982, Citigroup said in a statement when he was appointed.

Citigroup is ranked 13th among managers of equity offerings in Japan this year, slipping from 11th in 2014, according to data compiled by Bloomberg. The firm is ninth on yen bond underwriting, and 14th among advisers on mergers and acquisitions, the data show.

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