Citigroup has hired an ex-Morgan Stanley banker to run its Warsaw-based investment banking office just weeks after the Polish government set out plans to raise billions of dollars from privatising its state-owned enterprises.

Pawel Graniewski joins from Morgan Stanley where he was a senior adviser in the bank's Warsaw office. He will report to Michał Mrożek, overall head of corporate and investment banking at Citi Handlowy, and to Albert May, head of central and European corporate and investment banking.