Thomas Leavitt was named managing director and global head of shared services-institutional at Citigroup Asset Management, a new position. He will oversee institutional marketing, client service and product development.
Mr. Leavitt was executive vice president at Fidelity Management Trust, where he supervised marketing, product development, communications, strategic services and Internet strategy for the institutional business. Mr. Leavitts duties have been reassigned to different members of senior staff within Fidelity Management Trust, said Dan Flaherty, spokesman.