Citi Appointments Strengthen Securities and Fund Services Sales Team for Investors
London - February 2, 2011 – Citi today announced the appointment of Jose Benjamin Longree as EMEA Head of Client Sales Management for Investors in its Securities and Fund Services business. Longree brings extensive experience in the European marketplace to the role, including his most recent position as Deputy Chief Executive Officer at Caceis Group. In addition, Iain Harper has been appointed as an Investor Client Sales Manager, based in London.
Richard M.F. Ernesti, Global Head of Investor Services Client & Sales Management, Citi, said, "We are very pleased to strengthen our sales force focused on investors with these appointments. Jose Longree is very highly regarded in the market, and his appointment to our management team will be an asset to the franchise. Similarly, we’re very pleased to welcome Iain Harper to the team. His depth of knowledge of the pensions space will be of particular value to our sales force."
Jose Benjamin Longree began his career as a lawyer, and moved into banking in 1996 at Banque Indosuez Luxembourg. The firm became Credit Agricole Indosuez, and by 2002 Longree focused on funds servicing and headed up the international sales forces of what was to become Caceis Group. Longree was promoted to Managing Director in 2006 and became deputy CEO last year. He will be based in Luxembourg in his new role at Citi.
Iain Harper is an international sales professional with an extensive knowledge of a number of sectors including asset servicing and fund management. Iain joins Citi from BNY Mellon, where he spent the last nine years as a New Business Sales Manager, responsible for selling into both the UK corporate and public sector pension fund market. He has been working in sales for over 20 years and acquired his skills at Morgan Stanley, Reuters, SS&C Technologies and DST International. At Citi, Iain will focus on business development in the UK investor space, reporting to Jose Benjamin Longree.
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.
About Global Transaction Services
Global Transaction Services, a division of Citi’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, Citi’s Global Transaction Services supports over 65,000 clients. As of the fourth quarter of 2010, it held on average $353 billion in liability balances and $12.6 trillion in assets under custody.
Through its Securities and Fund Services business, Citi provides institutions worldwide with an unparalleled portfolio of offerings that enable them to grow, reduce cost and mitigate risk. With $12.6 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.