Citi bolsters its Australian and New Zealand Markets business with seven new appointments

2 September, 2024: Citi Australia and New Zealand’s Markets business has strengthened its team with seven appointments across Markets Sales, Asset-Backed Securitisation & Financing, G10 Rates Trading, Corporate Access, FX and Equities Electronic Execution.

The raft of new hires follows strong performance from the Markets team, which is experiencing double digit year on year revenue growth.

Citi welcomes the following senior hires:

• Dan Birch who joins Citi as Head of Markets Sales, New Zealand responsible for driving client engagement in New Zealand, a key growth market for Citi. Dan has been appointed as Director and joins from Perennial Partners where he was the Head of Institutional Sales.
• Peter Hext who recently started as Head of Asset-Backed Securitisation & Financing for Australia and New Zealand. Peter 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.
• Ankit Khandelwal has joined the G10 Rates Trading team. Ankit joins from Bank of America Merrill Lynch where he held several trading and risk roles.
• Melanie Vandervord, who joins the Access Strategies team covering Australia and New Zealand. Melanie brings over 20 years’ experience in corporate access from her time at Goldman Sachs and most recently as Corporate Access Specialist at MST Financial.

Citi is also pleased to grow its Corporate FX Sales team with two appointments. Additionally, Citi welcomes a new Sales Trader to the Equities Electronic Execution team.

Cristina Chang, Citi Australia and New Zealand Head of Markets said, “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. 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 provides customized solutions that support the diverse investment and transaction strategies of corporations, governments, investors and intermediaries globally. The strength of Citi’s sales and trading distribution capabilities span asset classes and currencies, sectors and products including Equities, Spread Products, Commodities, Rates and Currencies with a physical presence of trading floors in almost 80 countries.