CITI NAMES PATRICK CURTIN NORTH AMERICAN HEAD OF INVESTOR CLIENT SALES MANAGEMENT
New York, NY - April 26, 2010 – Citigroup today announced Patrick Curtin has been named North American Head of Investor Client Sales Management. In this position, Mr. Curtin will be responsible for sales across the entire Investor Services suite in North America to traditional and alternative investors and investment managers.
Mr. Curtin will report to Richard M.F. Ernesti, Global Head of Investor Client Sales Management and Julie Monaco, North America Region Head of Global Transaction Services.
Citi’s Investor Services is a global provider of innovative, modular solutions for Investor clients. "We continue to hire key industry talent across our business and we’re very pleased that Patrick is joining Citi in this key leadership role, " said Neeraj Sahai, Global Head of Securities and Fund Services, Citi. "His extensive industry expertise and sales experience will be instrumental in leading a discussion with Investors and Managers about how we can support their need for increased risk mitigation and reduced infrastructure costs.
Mr. Curtin has 25 years of executive leadership in the securities business and capital markets. Most recently he was head of strategic planning for SWIFT within the global banking and securities market infrastructure division. His role at SWIFT was to define the domain where technology, telecommunications and investment operations intersect. Prior to his assignment at SWIFT, Patrick spent nearly 13 years as a senior executive and member of the Management Committee at The Bank of New York Mellon.
Through its Securities and Fund Services business, Citi’s industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With over $11.8 trillion of assets under custody and the industry’s largest proprietary network, clients can leverage Citi’s local market expertise and global reach to extract value across the entire investment value chain.
Global Transaction Services, a division of Citigroup’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the first quarter of 2010, it held on average $319 billion in liability balances and $11.8 trillion in assets under custody.
Citigroup, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citigroup 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 www.citigroup.com or www.citi.com.