Citi has appointed Reto Faber as EMEA head of securities services. He succeeds Maria Cantillon, who has chosen to focus on her EMEA securities services sales responsibilities. Faber, who has been at Citi for over 36 years, is currently EMEA head of custody. In his new role, he reports to David Livingstone, CEO of EMEA,…
Category: Citi
Citi wins Fubon ETF mandate
Citi has been selected by Fubon Fund Management (Hong Kong) Company Limited to provide a range of custody and fund services for Fubon’s latest thematic ETF, Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF, recently listed in Hong Kong. Citi will provide custody, fund accounting and administration, ETF processing, and registrar services,…
Citi hires senior manager from Morgan Stanley
Vibhor Singh has joined Citi as head of data products and platforms for the securities services business. He joins from Morgan Stanley, where he led data strategy and execution for Morgan Stanley Wealth Management. Joe Bonanno, global head of data, digital & innovation, joined from Morgan Stanley Wealth Management in 2022.
DCV appoints Citi for international custody
Citi has been appointed as custodian of international securities for Depósito Central de Valores (DCV), the Chilean CSD. Transition of the assets has been completed. DCV holds >USD413bn of international assets.
Citi upgrades HK settlement
Citi has launched a fully automated settlement solution in Hong Kong. The proprietary technology connects directly to Hong Kong’s central clearing and settlement system (CCASS). The automation delivers more timely and enhanced settlement of client trades through the Hong Kong market depository.
Citi bolsters DD&I senior management team
Karolina Belwal has joined Citi’s securities services business as the new global head of strategy and product development for data, digital and innovation. She will be responsible for driving the broader data, digital and innovation strategic portfolio and executing on the target-state vision. She joins from health-tech startup, Phoebe, where she was chief product officer.…
BNY Mellon appoints chief auditor
BNY Mellon has appointed Joseph Pizzuto as chief auditor, responsible for leading the company’s internal audit group. He will be a member of BNY Mellon’s ExCo. Pizzuto was previously at General Motors, and has also worked at GE Capital and Citibank.
Citi confirms new Benelux chief
As previously reported, Citi has now confirmed that Eduardo Gramuglia Pallavicino has joined as the new head of Belgium, Netherlands and Luxembourg (Benelux) for securities services. Before a brief spell at Next Gate Tech, Gramuglia was at State Street where he was CEO and country head of Luxembourg. He replaces Larissa Sototskaya, who has moved…
Citi wins Aussie platform mandate
Mason Stevens Limited, the Australia-based wealth platform and provider of investment administration and managed account solutions, has appointed Citi to provide custody and integrated execution services. With >AUD6.7bn (USD4.5bn) under management and administration, Mason Stevens offers superannuation and non-superannuation products, managed account and investment solutions.
Citi hires global head of custody prod dev
Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…