Citi Adds to Its EMEA Securities and Fund Services Team
London - June 14, 2011 – Citigroup has expanded its operational capabilities with two senior appointments in its Securities and Fund Services (SFS) unit within Global Transaction Services.
William F. Gibson has joined as a Managing Director and Head of EMEA Operations. Based in Dublin, reporting to Mary Fenoglio, Global SFS Operations & Client Delivery Head, Mr. Gibson is responsible for managing all SFS operations across the EMEA region, ensuring the successful daily execution of the business while driving the implementation of global and regional strategies. He brings over 30 years of experience in the financial services industry and has a proven track record of successfully leading operations, IT, finance, compliance, and regulatory activities in a variety of organizations. Most recently he was the CEO of IVY Creek Associates, a consulting group for investment management firms. He previously served as CFO and Head of Operations & Technology for New York Life Investment Management and global COO at ING Investment Management.
Ian Boyland has joined as a Director and Head of Funds Services Operations for Luxembourg. Mr. Boyland will report to Paul Kilcullen, Head of Fund Operations for Ireland & Luxembourg. He has over 16 years of experience in the fund industry and joins from JP Morgan Luxembourg where he was Head of NAV Validation and Accounting Services. He previously held various roles in Fund Accounting, Client Services and Audit with Fidelity and Chase Manhattan Bank in Luxembourg, KPMG in Bermuda and Touche Ross & Co in Birmingham.
Commenting on these appointments, Andrew Gelb, Head of Securities and Fund Services for the EMEA region said: "We are delighted to welcome William and Ian to the team. These appointments illustrate our dedication to developing our EMEA franchise and will further enhance our capacity to create an environment of continuous improvement and innovation for our clients. "
Citi, a leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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.
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, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the first quarter of 2011, it held on average $355 billion in liability balances and over $13 trillion in assets under custody.
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 $13 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.