The former head of thematic strategy for BlackRock’s global allocation team will join Citi’s wealth business as chief investment officer.

The financial industry veteran will be taking over a broad mandate, including developing investment strategies and overseeing multiple groups across Citi's wealth business.

Incoming Chief Investment Officer Kate Moore will have “broad responsibilities” at the firm, according to Citi Wealth Head Andy Sieg.

Citigroup Inc. said Kate Moore, a portfolio manager at BlackRock Inc., will join its Citi Wealth business as chief investment officer.

Citigroup announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer. Moore is expected to join in February from BlackRock, where she was most recently portfolio manager and served as head of thematic strategy for the allocation business,