The head of equities trading for Europe, the Middle East and Africa is poised to leave Citigroup, Financial News has learned.

Ronan Connolly's role will be split in two and the responsibilities divided between three people, according to a person with knowledge of the situation. Yonatan Gozdanker, who was yesterday rehired from Renaissance Capital three years after quitting Citigroup, will take responsibility for cash equity trading in Emea.