Sydney – Citi Australia has named Mark Woodruff as its new Head of Markets for Australia and New Zealand, following the announcement of Luke Randell's retirement earlier this year.
In his newly appointed role, Woodruff will be responsible for developing and implementing regional product delivery strategies for the Australia and New Zealand business, while maintaining a strong risk management discipline and culture. Woodruff is currently Head of Investor Sales for Australia and New Zealand and will retain these responsibilities.
Commenting on the appointment, Citi Australia and New Zealand CEO, Marc Luet, said: “Mark joined Citi more than two-decades ago and has held a number of important senior leadership positions in Australia including Head of FX and Corporate Derivative Sales and most recently as Head of Investor Sales. In this role, Mark has consistently increased franchise revenue and market share, by driving key client segment initiatives, particularly across Superannuation Funds and Financial Intermediaries. Mark is a trusted and esteemed leader both internally and to our clients.”
Luke Randell has had a distinguished career with Citi, spanning more than three-decades, and has worked across Australasia, the Asia Pacific and EMEA regions in sales, structuring, research and capital markets.
“Luke has led our Markets and Securities Services business in Australia & New Zealand since 2017 where he has created a winning culture, achieved outstanding results, and evolved the business with new products and clients,” Mr Luet said. “We would like to thank Luke for his contribution to the franchise over the years and wish him all the best in his next endeavours.”
Citi's Markets and Securities Services division provides products and solutions for corporates, institutional investors, and governments through underwriting, structuring and sales and trading across all asset classes, sectors and industries. It is one of the largest brokerages in Australia.
Woodruff's appointment is subject to regulatory and compliance approvals.
About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate banking and advisory, securities brokerage, transaction services, and wealth management. In Australia, Citi serves over 1 million customer accounts and 900 corporate accounts. It has the most comprehensive offering and largest global reach of any bank with operations in Australia.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
Media Contact
Danielle Veivers +61438774364 danielle.veivers@citi.com
