Discover your dream Career
For Recruiters

Citi said goodbye to the tech MD it hired from Goldman Sachs

Moe Matar, the ex-Goldman Sachs managing director hired by Citi three years ago, is understood to have departed. We don't know why and Citi isn't commenting, but we have it on good authority that Matar has left the building.

Matar was Citi's global head of cloud. He joined in September 2020 at the height of the cloud computing hiring frenzy and was based in New York Citi. It's not clear who will be running cloud at Citi in Moe's absence. 

Get Morning Coffee in your inbox. Sign up here. 

Before his brief-ish sojourn at Citi, Matar spent 13 years at Goldman Sachs, where he rose from being a software engineer to become the head of engineering for the consumer and lending team at Marcus, and the CTO for Apple Card for nearly three years between 2017 and 2020. The Apple CTO role seems to have coincided with complaints about excessive working hours at Marcus amidst the push to deliver 'Project Cookie', Goldman's code name for the Apple credit card partnership.

It's not clear whether Matar has left as part of Citi's cuts or whether he's simply floated away for a new cloud role. Would Moe have fared any better if he'd stayed at Goldman Sachs and kept working on technology for Marcus? Maybe not. Last time we looked, Goldman Marcus managing directors (MDs) were jumping to JPMorgan in an effort to avoid the cuts at Goldman too. 

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance.

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Junseong Lee on Unsplash

author-card-avatar
AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
Emagine Consulting
Technical BA - Regulatory (m/f/d)
Emagine Consulting
London, United Kingdom
Paritas Recruitment - Data & Tech
Lead Dotnet Developer
Paritas Recruitment - Data & Tech
London, United Kingdom
Wellington Management Company, LLP
Equities Trader
Wellington Management Company, LLP
Hong Kong
Mason Blake
Global Equity Analyst
Mason Blake
London, United Kingdom

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.