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Citi Australia and New Zealand bolsters its Research and Markets team

May 19, 2025

Citi Australia and New Zealand has today announced several key appointments across its Research and Markets businesses, including Paul Buys to Head of Research for Australia and New Zealand.  

Paul Buys will join from Canaccord Genuity, where he is currently Head of Research. Previously, Paul was Deputy Head of APAC Securities Research for Credit Suisse. Paul will be appointed as Managing Director and sit on the Australian and New Zealand Executive Committee.  

Commenting on the appointment, Citi Head of Research for Japan, Australia, North & South Asia Brent Robinson said, “Paul is a respected analyst who brings over 25 years’ experience in financial markets. His appointment further strengthens our world-class research team.”

Paul Buys will succeed the existing Head of Research for Australia and New Zealand Paul McTaggart, who will retire at the end of the year after a 30-year career in sell-side research.  

This appointment follows the recent announcement that Laura Sutcliffe will join Citi as Head of Healthcare Research.

Citi grows its Markets business

At the same time, Citi has grown its Markets business with four new hires, and one key promotion.

  • Christian Ford has been appointed as Director, Equities High Touch Execution. Christian has over two decades of high touch Sales trading experience, most recently as a foundation member of Jefferies Australia where he was a managing director and head of sales trading.
  • Andrew Bruce has been appointed as Director, Head of Low Touch Execution. Andrew brings over two decades of experience in financial services, most recently as an Executive Director the Global Equities team at JP Morgan.
  • Nicolas Lebon has been appointed as Director, Corporate Solutions Group. He joins Citi from Credit Agricole CIB, where he worked as a Director in Global Markets Sales.
  • Dan Smith has been appointed to an expanded role, moving to cover Head of Australia, Prime Finance in the Equities business. Dan has 8 years’ experience in Prime Services Sales at Citi, with an additional 20 years’ experience across Prime Brokerage and Exchange Traded Derivative Sales in New York, Chicago and London.
     

Mark Woodruff, Citi Australia CEO said, “These new appointments reflect Citi’s continued investment in our Australian franchise, as we strive to deliver the best outcomes for our clients in a dynamic market environment.”

Cristina Chang, Head of Markets for Australia and New Zealand added, “These Markets appointments follow a record April result for our Markets business, driven by volatile market conditions. I am confident the new additions to our team will add valuable expertise to our business.”

Citi’s Australia & New Zealand Markets business has on-the-ground sales and trading presence across all asset classes and products including Equities, Rates, FX, Commodities and Spread Products Financing & Securitisation.

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