NEW YORK - George Friedlander has rejoined Citigroup as head of municipal strategy.
In 2008, Friedlander, who started working at Citi in 1975, joined Morgan Stanley Smith Barney — which was created when Morgan Stanley bought a 51% stake in Citigroup’s wealth management division.
Two years later, Friedlander was among the 200 people laid off as part of the joint venture’s restructuring.
Citi announced Tuesday that Friedlander had joined the company’s investment research and analysis group, less than two months after being dismissed from Morgan Stanley Smith Barney.
He reports to Matt King, global head of credit strategy.
In a company memo, Richard Pagan, managing director of CIRA, and Ward Marsh, managing director of the municipal securities division, said Friedlander will build a full-service municipal securities strategy unit within the firm’s consolidated research group.
“From this position he will be able to serve both U.S. retail and global institutional clients, as the asset class itself attracts a more global investor base,” Pagan and Marsh wrote.
