Wells Hires Citi’s Van Zandt to Lead Media, Telecom Banking

Wells Fargo & Co. has hired Derek Van Zandt from Citigroup Inc. as head of media and telecommunications in its corporate and investment bank, according to people familiar with the matter.

Van Zandt will be based in New York and report to Brian Gudofsky, who runs Wells Fargo’s technology, media and telecommunications group, said the people, who asked not to be identified because the matter is private. He’ll start at Wells Fargo after a standard period of leave.