Reuters reports that Rizzo, who was previously head of mergers and acquisitions (M&A) in the region after joining the bank in 2013 from Goldman Sachs, will report to Bob Elfring, head of EMEA corporate and investment banking and Karim Assef and Diego De Giorgi who are co-heads of global investment banking.
In the meantime, Reuters also reports that Piers Davison has been appointed EMEA investment banking head of the financial institutions group at Citigroup.
Davison joins from JP Morgan, where he was UK head of FIG and EMEA head of banks. Davison will report to Stefan Wintels, co-head of EMEA CIB FIG, according to a memo sent to staff.
Garnier, who is based in Hong Kong and had been deputy head of Asia-Pacific global markets, assumes the role with immediate effect, the bank said in an e-mailed statement Monday. Garnier, who has been at the bank since 1998, succeeds Frank Drouet, whose promotion was announced a week ago.