Citi hires new managing director in Asia Pacific 25 August 2011Hong Kong Reporter: Anna Reitman
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Citigroup has appointed Steward Aldcroft in the role of managing director and senior adviser for its Investor Services business. As a senior adviser, Aldcroft will help to develop new initiatives and grow Citi's client base and reach across the Asia Pacific region.
Stewart joins Citi from Enhanced Investment Products (EIP) where he was head of business development for beta products since May 2010. He will be based in Hong Kong, where he has over 25 years of experience in various fund management houses such as Schroders, HSBC, Franklin Templeton, Investec and Horizon21.
Aldcroft will report to David Russell, Asia Pacific head of Securities and Funds Services.
“Stewart brings...a deep knowledge of the asset management industry in Asia that will help us further enhance our focus in the Investor Services segment,” Russell said.
Aldcroft has also been actively involved with traditional mutual funds, hedge and alternative investment funds, structured products and recently with Exchange Traded Funds (ETF).
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