Citi Australia appoints senior manager with focus on super

Sydney – Citi Australia's Markets business has welcomed a new Managing Director adding senior coverage in line with the growth of its superannuation offering.

Nicki Ashton has been named Senior Relationship Manager and will join the bank's Markets function to help meet increased client activity, with a focus on the superannuation sector.

Ms Ashton has a wealth of experience across banking and asset management, with more than 25 years' experience in financial services. She is a Citi alumna, having worked previously in the bank's equities and trading business before moving to asset management, where she has held several management positions, most recently with IFM Investors and Pendal Group.

Commenting on the appointment, Head of Investor Sales for Citi Australia and New Zealand, Mark Woodruff, said Ms Ashton's significant industry experience would be integral to cementing Citi's leadership position in the superannuation and asset management sector.

"It's great to welcome Nicki back to Citi, where she will be responsible for the growth of some of our largest clients, particularly within the superannuation sector," Mr Woodruff said.

"The super sector has been a key area of focus across the markets platform and continues to provide increasing opportunities in both local and offshore markets as the funds internalise their investment function and seek to increase exposure to international markets.

"Nicki will work closely with product partners and the global relationship management team to ensure Citi remains a top tier global counterparty for this sector."

Commenting on her appointment, Ms Ashton said: "I am thrilled to return to Citi. Throughout my career I have forged long-standing relationships and networks across the finance and super industries, and I look forward to leveraging this as we grow our footprint in the super sector.

"As the sector's funds under management increases, it will be vital to work with global leaders, like Citi, who can leverage its global footprint and expertise in markets and capital management to diversify holdings, secure strong returns, and manage risk," Ms Ashton concluded.

In addition to her leadership role, Ms Ashton also acts as a Non-Executive Director in a number of Australian charities.