Citadel Securities’ global head of business development, Jamil Nazarali, is leaving to head a joint venture the firm is building that’s intended to increase investors’ access to cryptocurrency.
Nazarali, 54, was named chief executive officer of the platform the company is creating with Virtu Financial Inc., Charles Schwab Corp. and Fidelity Digital Assets, according to an internal memo seen by Bloomberg. He starts next week and will transfer his current responsibilities to Chief Operating Officer Matt Culek, Citadel Securities said in the memo.
