Citi head of forex to leave bank for digital assets role: source

Quick Take

  • Itay Tuchman is leaving Citi after more than two decades at the bank. He was one of the chief architects of a push into digital assets within the institution. 
  • A source told The Block that Tuchman is headed for a job in crypto. 
 

Citi's long-standing global head of foreign exchange, Itay Tuchman, has left the bank after more than two decades.

The top exec was one of the chief architects of a push into digital assets within the institution, and while his destination is not yet clear, a source with close knowledge of the matter told The Block he is set for a role in digital assets. 

Stuart Staley has been serving as co-head of forex alongside Tuchman since earlier this year, and with his departure, will become sole head of the department.

Update 7am ET: This piece was updated after publication to clarify Stuart Staley's role.

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About Author

Lucy is the NFT, gaming and metaverse editor at The Block. Prior to joining, she worked as a freelancer, with bylines in Wired, Newsweek and The Wall Street Journal, among other publications.