Benjamin Poor Joins Citi’s Securities and Fund Services to Lead Development of Proprietary Thought Leadership Programs
New York, NY - December 9, 2010 – Citi today announced that it has hired Benjamin Poor as Manager of Market Intelligence for the Securities and Fund Services (SFS) unit within Global Transaction Services.
In this position, Mr. Poor is responsible for gathering market intelligence and identifying emerging trends to provide thought leadership for SFS clients. He reports to Boaz Lahovitsky, Head of SFS Strategy and Business Management.
Neeraj Sahai, Global Head, Citi Securities and Fund Services, said, "Ben’s industry-wide reputation for delivering top-quality research will greatly strengthen our thought leadership efforts for the benefit of our clients around the world."
Mr. Poor has more than 15 years’ experience in the financial services industry. He joined Citi from Cerulli Associates, where for the past 6 years he served as Director of the Institutional Asset Management practice, researching trends in product development and distribution in both alternative and traditional channels. Among other responsibilities, he authored several research reports and served as a subject matter expert for industry conferences and Cerulli clients.
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 $12.4 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 third quarter of 2010, it held on average $340 billion in liability balances and $12.4 trillion in assets under custody.
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi 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.