Citadel Taps Morgan Stanley's Lieblich for CTO Role

Ken Griffin’s Citadel has named former Morgan Stanley executive Steven Lieblich as chief technology officer of its hedge fund business. 

Lieblich will join the $24 billion alternative investment manager in the fall and will report directly to Griffin, according to information seen by FINalternatives.

Lieblich has spent virtually his entire career at Morgan Stanley, joining the bank in 1986. He has served in a series of senior technology roles there, most recently as chief information officer. Before that position, Lieblich led the technology division of Morgan Stanley’s Institutional Securities Group, which included investment banking and sales and trading operations, and also led the Equity Technology Group and the technology team supporting cross-asset electronic trading.

“I am pleased to announce that Steven Lieblich will be joining Citadel as Chief Technology Officer of our hedge fund business,” said Griffin in a statement. “Citadel is a world-class leader in creating innovative technology, and Steve will help us grow and expand this leadership position. 

“Our ability to develop and leverage market-leading proprietary technology is fundamental to our strategy at Citadel, and we are very pleased to have a proven innovator of Steve’s caliber and experience join our team,” he continued.

Outside of his professional responsibilities, Lieblich is on the NYC board of the Leukemia Lymphoma Society, and has served on the board of CLS, on Red Hat’s Strategic Advisory Board, and on FINRA’s Technology Advisory Committee.

Chicago-based Citadel was founded by Griffin in 1990 with $4.6 million and subsequently built it into a global multi-strategy investment powerhouse that manages more than $24 billion in assets. The firm’s team-based research process is built around powerful, scalable technology platforms that enable robust investment and risk management processes, according to Citadel’s website.