Mr. Giacobbe was former head of U.S. healthcare for Citigroup, where he led financial research, analysis and modeling — including covering Cigna — the payer announced Dec. 16.
“Cigna has significant momentum, and we are focused on advancing our strategy and delivering profitable growth,” Cigna CFO Brian Evanko said. “As a highly respected analyst in our sector, Ralph’s deep expertise, financial and analytical skills, outside-in perspective, and strong relationships in the investment community will be a great asset as we continue to deliver on our strategy.”
Mr. Giacobbe will make the move to his new position in January.