Citi promotes five Australia and New Zealand colleagues to Managing Director

December 6, 2024: Citi Australia and New Zealand has announced the appointment of five colleagues to Managing Director (MD), the highest officer title at our firm.

We congratulate Head of Treasury and Trade Solutions Kirstin Renner, Head of Commercial Bank Alex Syhanath, Head of Financial Sponsors Simon Marrison, APAC Head of Prime Product, APAC Co-Head of Delta One Swap, Australia Head of Prime Howard Ilderton, and Head of Asset Backed Securitisation and Financing Peter Hext on their promotions.

Globally, 344 of colleagues, based in 29 countries, have achieved the MD milestone, up from 304 colleagues last year. This represents one of the largest MD cohorts in our firm's history and reflects the global diversity of Citi and the colleagues, communities and clients we serve.

Citi Australia and New Zealand CEO Mark Woodruff said, "each of these individuals is an exceptional leader who has been integral in developing their teams and driving our strategy forward. Their contributions have been key to the growth and success of the local and global franchise."

"To have five candidates receive this honour in one year truly demonstrates the depth of talent we have in Australia and New Zealand. Locally, this is the largest class of Managing Director promotions in several years."

About our newest MDs:

• Kirstin Renner, Head of Treasury and Trade Solutions (TTS), Services
  Kirstin is responsible for leading the business strategy and driving growth opportunities for TTS in Australia and New Zealand. She has been with Citi for 17 years and serves on the Australia and New Zealand Executive Committee.
• Alex Syhanath, Head of Commercial Bank (CCB), Banking
  Alex is the Head of CCB Australia, establishing and scaling the business since September 2018. Previously, Alex worked in the Australian Corporate Banking team. Alex has over 15 years' experience in Australian Corporate and Institutional Banking years and serves on the Australia and New Zealand Executive Committee.
• Simon Marrison, Head of Financial Sponsors, Capital Markets and Advisory
  Simon joined Citi as a Director specialising in financial sponsor coverage in 2018 and was appointed Head of Financial Sponsors for Australia and New Zealand in March 2021. Prior to Citi, Simon was with Deutsche Bank in Sydney.
• Howard Ilderton, APAC Head of Prime Product, APAC Co-Head of Delta One Swap, Australia Head of Prime, Markets
  Howard joined Citi in 2022 as Australia Head of Linear Product and Trading. Howard was additionally appointed as APAC Head of Prime Product in October 2022, and APAC Co-Head of Delta One Swap Trading in August 2023. Howard has over 20 years' experience in Prime Finance, working in London, Hong Kong and Australia.
• Peter Hext, Head of Asset Backed Securitisation and Financing, Markets
  Peter was appointed to this role in July 2024. He joined Citi in December 2010, working in the European Securitised Products origination team, based in London. He covered both ABS and RMBS across the region. Peter moved to Citi's ABS team in New York in August 2014, covering both consumer and commercial assets.