Citigroup has named John Havens as its new head of investment banking and alternative investments group.

Havens previously worked with Citi CEO Vikram Pandit at Morgan Stanley.
Havens’ move is the latest in a number of changes that Pandit has made since taking over for Charles Prince in December.

Previous investment banking co-head Michael Klein will move to Citigroup’s Park Avenue headquarters, where he will be the chairman of Citigroup’s institutional client group.

“By putting the right talent in the right places, we are enhancing Citi’s ability to meet the needs of our institutional clients,” Pandit said.

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