Citi has named a leader for its family office group in Europe, Middle East and Africa, the first big appointment since the creation of the group in September. The move is part of an aggressive push to target families with liquid assets of over $25m.

In an internal statement seen by Financial News, James Holder is named as head of the global family office group in EMEA. He will report to Luigi Pigorini, chief executive of Citi Private Bank EMEA, and Catherine Weir, head of the global family office group, Citi Private Bank.