Citigroup’s Structured-Products Head Vohra Leaves for Cerberus

Citigroup Inc.’s Chetan Vohra, who assumed sole responsibility for the structured-products trading and solutions division in October, is leaving the bank.

Vohra will join Cerberus Capital Management, according to people with knowledge of the matter. There he’ll be a senior managing director on the U.S. residential investments team, one of the people said. A representative from Cerberus declined to comment.

“After nearly 20 years of committed service, Chetan Vohra, has decided to leave Citi to pursue a buy-side opportunity,” Mickey Bhatia, who leads Citigroup’s global spread products trading unit, said in a memo to staff on Tuesday. “Throughout ...