Thursday, October 22, 2015

Citi Strengthens Custody and Fund Services Organization

NEW YORK - Thursday, October 22nd 2015 [ME NewsWire]

(BUSINESS WIRE)-- Citi announced today that it has hired Dominic Crowe as Global Head of Product Development and Strategy for Custody and Fund Services and Bill Pryor as Global Head of Data and Analytics for Custody and Fund Services. In addition, Citi has appointed Jay Martin to run its North America Custody and Fund Services franchise.

Mr. Crowe will be based in New York and report to Sanjiv Sawhney, Global Head of Custody and Fund Services. He joins Citi from The Bank of New York Mellon where he spent the past two years as Global Head of Client Services Delivery for Structured Products. He had previously been Global Head of Asset Services Transformational Expense Initiatives. In this role, Mr. Crowe will be charged with driving a transformative product and platform strategy for the Custody and Fund Services business.

Mr. Pryor will be based in Boston, reporting to Sanjiv Sawhney and Richard Burns, Global Head of Yield Book and Fixed Income Indices. He will be responsible for harmonizing the delivery of Citi’s Custody and Fund Services products and information. Mr. Pryor brings more than 34 years of experience in the data and analytics space and was most recently JP Morgan’s Global Head of Investment Information Services.

Mr. Martin has been with Citi since 2011 and brings over 26 years of experience to the role. Most recently, he was North America Head of Investor Services Operations and Global Head of Alternative Investments and Wealth Management Operations. In this new role, he will responsible for leading Citi’s product teams and partners across operations and technology to grow and optimize the Custody and Fund Services business in North America. Mr. Martin will report to Shahmir Khaliq, North America Head of Investor Services, and Sanjiv Sawhney.

“Global Custody and Fund Services is a core part of our Investor Services franchise strategy”, stated Sanjiv Sawhney. “Appointing talent of this caliber will help ensure that we continue to grow and strengthen the platform to deliver the best products for our clients.”

Citi Investor Services provides fund managers with access to an end-to-end set of flexible investment solutions across Prime Finance and Agency Securities Lending, Futures, OTC Clearing and Collateral Management, Custody and Fund Services.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://blog.citigroup.com/| Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151021006007/en/

Contacts

Media:

Citi

Nina Das, 212-816-9267

nina.das@citi.com



 

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