Smith switches it up at Citi 21 July 2016Luxembourg Reporter: Stephanie Palmer
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Citi’s Jervis Smith is moving to the newly created position of head of investor services for Luxembourg.
Smith has been with Citi since 1994, and will be moving on from his current role as head of the Securities Services business in the Asia Pacific region.
In his new role, Smith will report to Chris Cox, Citi’s head of securities services for Europe, the Middle East and Africa, and Alberta Brusi, COO for Luxembourg.
In a statement, Citi said: “We thank Jervis Smith for his leadership of the APAC sales team over the past three years and wish him continued success in this new role.”
According to Citi, Luxembourg is a priority for the expansion of its fund service business.
The news comes shortly after the bank hired Patrick O’Brien as head of fund services for Ireland, and head of offshore business development for Ireland and Luxembourg.
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