Lacey, who joined Citi roughly 10 years ago, will start in his new job in a few months.
Shares of Noble Group were halted in the afternoon, pending the "announcement of a major transaction," the company said.
Interested buyers include private equity firms and financial services companies.
This is a part of a plan to slim down drastically its core Asian coal trading business after a crisis-wracked two years.
Primary targets include the United States and China, where it already has joint ventures, including Dunkin' Donuts .
A successful bid by Jollibee would mark the biggest overseas deals to date by the Filipino company.
Deals are still being made and 2017 promises to be a year on par with 2015 but the road is not without hurdles.
AXA's Hong Kong wealth management unit is expected to be valued at about $500 million.
PE firm Abraaj Group is learnt to be is participating in the new Series C round.
Suitors for the oil business have already signed non-disclosure agreements.
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