Citi extends its custodial and fund services contract with Hostplus
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Citi extends its custodial and fund services contract with Hostplus 20 April 2026Australia Reporter: Zarah Choudhary
Image: Alan Smithers/stock.adobe.com
Citi Services has won a mandate to provide custodial and fund services to Australian superannuation fund Hostplus, in a five-year contract extension.
Over their 13-year partnership, Citi notes that it has worked closely with Hostplus supporting their increased investment requirements, regulatory obligations, and operational efficiency.
Citi adds that it was selected for its custodial and fund administration services that will support Hostplus in its mission to deliver investment outcomes to its members.
Mark England, co-head of Services for Citi Australia and New Zealand, says: “We are delighted to continue our relationship with Hostplus.
“We aspire to be the custodian and funds provider of choice for industry superannuation funds, and our success in this competitive tender process is a strong endorsement of our platform.”
David Elia, CEO of Hostplus, adds: “We are pleased Citi has been reappointed as Hostplus’ custodian following a competitive RFP process.
“The outcome reflects Citi’s cultural alignment with the fund, their depth of capability and the quality of solutions they bring to our custodial arrangements.
“Through the in?depth process, we confirmed that Citi remains best placed to deliver custodial services that are critical to supporting our long?term business and investment strategies, and we value their ongoing commitment to the fund and our members.”
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Image: Alan Smithers/stock.adobe.com 