Former Citigroup head of corporate broking business Simon Poidevin has been named Pengana Capital's executive director.

Poidevin will be working principally with the Pengana Global Volatility Fund on the development of additional multi-asset volatility strategies.

Poidevin’s 25 years in stock broking and investment banking in Australia includes a 14-year stint at Citigroup, where he most recently headed the corporate banking business.

Citigroup has not yet confirmed who will be heading its corporate banking business on Poidevin’s departure.