Citi bolsters its research and markets teams

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.

Buys will join from Canaccord Genuity, where he is currently head of research. Previously, he was deputy head of APAC Securities Research for Credit Suisse. Buys will be appointed as managing director and sit on the Australian and New Zealand executive committee.

Citi Japan, Australia, North & South Asia head of research 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.”

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 sellside 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 of equities high touch execution. Ford 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 and head of low touch execution. Bruce 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 of 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. Smith has eight 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.

Citi Australia CEO Mark Woodruff 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 said, “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.”

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