Citi Australia and New Zealand’s markets business has made several appointments across markets sales, asset-backed securitisation & financing, G10 rates trading, corporate access, FX and equities electronic execution, according to a September 3 announcement from the bank.
Dan Birch has joined Citi as head of markets sales, New Zealand responsible for driving client engagement in New Zealand. Birch has been appointed as director and joins from Perennial Partners where he was the head of institutional sales. Birch started the role last month in August, according to his LinkedIn profile.
Peter Hext recently became Citi's head of asset-backed securitisation & financing for Australia and New Zealand. Hext is a director and has been with Citi for over 13 years, most recently as the head of commercial asset-backed securitisation in New York.
Meanwhile, Ankit Khandelwal has joined the G10 rates trading team. Khandelwal has joined from Bank of America Merrill Lynch where he held several trading and risk roles.
In another move at the US-headquartered bank, Melanie Vandervord has become part of the access strategies team covering Australia and New Zealand. Vandevord has over 20 years’ experience in corporate access from her time at Goldman Sachs and most recently as a corporate access specialist at MST Financial.
Cristina Chang, Citi Australia and New Zealand head of markets, said in the announcement, “The Australia and New Zealand markets business is experiencing material growth, and these recent appointments will strengthen our ability to deliver increased value to our clients."
Vhang added: "We are investing in our capabilities to ensure we have the skills and experience needed to meet our clients’ complex needs in a dynamic market environment.”
The Citi markets business helps with investment and transaction strategies of corporations, governments, investors, and intermediaries globally. This includes across many asset classes and currencies, sectors and products including equities, spread products, commodities, rates and currencies.
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