Citi Names Regional Head of Client Sales Management for Asia Pacific
Hong Kong - March 27, 2013 – Citi has appointed Jervis Smith as Regional Head of Client Sales Management for the Financial Institutions (FI) segment in Asia Pacific for Securities and Fund Services (SFS).
Jervis will be responsible for managing sales and client coverage teams across the SFS business in 17 markets in Asia Pacific. He will report into David Russell, Regional Head, Asia Pacific for Securities and Fund Services, and Dirk Jones, Global Head Financial Institutions, and will be a member of the Citi Transaction Services Asia Pacific management team.
“Jervis brings with him almost 30 years of banking experience and a deep knowledge of the securities and fund services business, having served most recently as the Global Client Executive Head for our SFS business based in London. Under Jervis’ leadership, we will be looking to expand our Securities and Fund Services across Asia Pacific and enhance our ability to create solutions that holistically address client needs across our full range of capabilities and solutions,” said David Russell, Regional Head, Asia Pacific for Securities and Fund Services, Citi.
Jervis, who relocates from London, joined Citi in 1994 and has held a number of sales and relationship management roles for Financial Institutions for Citi in London and New York. Prior to joining Citi, Jervis served as Executive Director of the Financial and General Bank Plc. based in London for eight years and was with the National Westminster Bank from 1982-1986.
Jervis is a law graduate of The Queen’s College, University of Oxford, and a member of the Honorable Society of the Middle Temple – Barrister. He is an Associate of the Chartered Institute of Bankers and holds an Investment Management Certificate.
Citi’s Securities and Fund Services business is a division within Citi Transaction Services serving issuers, investors and intermediaries worldwide through global platforms that feature modular, open architecture. With $13.2 trillion of assets under custody, Citi has the largest industry proprietary network in 62 markets, with direct custody offering in 17 markets across Asia Pacific.
About Citi Transaction Services
Citi 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 95 countries, Citi’s Transaction Services supports over 65,000 clients. In 2012, Citi held on average $428 billion in liability balances and $13.2 trillion in assets under custody.
Citi, the leading global bank, 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.
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