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Citigroup is losing one of its 3 co-heads of M&A (C)

Peter Tague, who served as global co-head of M&A alongside Cary Kochman and Mark Shafir, is leaving Citi.

Citigroup is losing one of its three co-heads of mergers and acquisitions.

Peter Tague, who served as global co-head of M&A alongside Cary Kochman and Mark Shafir, is leaving Citi, according to a report by Liz Hoffman of The Wall Street Journal.

Tague was appointed to the lead M&A role in the 2012, a title he shared with Shafir. In November, Citi added a third M&A co-head when it promoted Kochman.

In his tenure leading the division, Tague helped Citi ascend from 7th in the league tables to 4th, according to the WSJ.

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He'd been with Citi or one of its predecessors since the late-1990s, according to the report.

This story is developing and will be updated.

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