Citi MD quits 27-year banking career for fintech school

A Citigroup managing director has left a 27-year career in the City and on Wall Street to join a new university that seeks to create the fintech entrepreneurs of tomorrow.

In another example of senior financiers quitting the industry to ride the fintech wave, Eric Nobileau, an MD focused on sales in central and eastern Europe, the Middle East and Africa, has joined Barcelona-based university Harbour.Space.

An update to Nobileau’s LinkedIn profile showed he quit the bank last year and joined the university this month. He also appears on Harbour.Space’s website as a member of staff. Citi declined to comment. Nobileau did not respond to requests for comment.

Nobileau, who has spent the past 10 years at Citi, joined Harbour.Space as its group chief financial officer and head of the fintech faculty. The university was established in 2015 and employs industry experts to teach classes in English that focus on technology, design and entrepreneurship.

He leaves behind a banking career that has spanned top roles at bulge-bracket organisations. Before joining Citi in 2007, he was global head of commodities sales at Bank of America, which he joined 1999. He began his banking career in 1990 at Societe Generale in Paris.

He is also the latest senior figure within investment banking to gravitate towards the fintech sector. Huy Nguyen Trieu, the former head of macro structuring at Citi in London, left banking in June 2016 to reinvent himself as a fintech academic and investor. He is now in the process of launching a digital bank alongside Lionel Durix, Citi’s head of rates structuring who remains in his role at the bank.

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