The changes take effect from September once the former Merrill figure joins the US bank, it said.

Citigroup has appointed two senior figures in its wealth management operation in the US: Kris Bitterly and Keith Glenfield.

Bitterly will be the US bank’s new “Head of Wealth at Work,” which is a “critical growth area and one that clearly sets us apart from the competition,” according to the lender’s wealth head, Andy Sieg, in a memo.

“This is a proven business with a loyal client base that has traditionally been rooted in banking and lending. It is time for a laser-like focus on winning our clients’ investment assets,” the memo said. 

Bitterly has been head of investment solutions.

When Glenfield joins Citigroup, he will become head of investment solutions, heading its global investment product organization, which includes Citi Investment Management, markets, alternative investments and insurance.

Glenfield is a 29-year veteran of Merrill Lynch Wealth Management. Prior to his new job, he was the Northeast division executive for Merrill Lynch Wealth Management. Previously, he led the investment solutions group and personal retirement business within Merrill’s global wealth management arm.

These changes will be effective in September once Glenfield officially joins Citigroup. Until that time, Joe Ryan is interim head of Wealth at Work.