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25 May 2021
Australia
Reporter Maddie Saghir

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Citi boosts markets and securities business with three key hires

Citi Australia has made three new hires designed to boost its product and sales capability to meet increased client demand.

Harry Benson has been appointed to Citi’s Australian equities sales trading execution team with a focus on Australia’s small to mid-cap (SMID) sector, as well as servicing Citi’s growing international client base.

Benson joins from Redburn Partners in London where he covered the SMID sector and global investors trading into Europe.

Meanwhile, Citi managing director and equities product specialist, Ian Nissen, will relocate to Sydney from Singapore to focus on increasing the bank’s product capabilities across its platform.

Nissen’s product experience will assist the bank with its expanding custody business.

Citi is the third largest custodian in the Australian market after acquiring Royal Bank of Canada’s custody business in 2020.

Meanwhile, environmental, social and governance (ESG) analyst Hayley McGuiness has joined Citi’s equities research team to meet increasing client demand for Citi’s ESG insight and analysis.

In her new capacity, McGuiness will work with Citi’s head of ESG research Ed McKinnon.

Previously at EY as a senior sustainability consultant, McGuiness has worked with corporates and institutional investors to identify, manage and measure material ESG issues across the sectors.

Citi Australia’s head of markets and securities services Luke Randell explains that the new hires will be joined by four additional hires into Citi’s equities, fixed income, research and securities services teams this quarter.

Randell says: “Citi continues to attract talent to ensure the skills and capability are in place to meet with increasing activity from our clients."

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