Citi has hired two experienced executives to its global custody and fund services business, and promoted another to run its North America franchise.
Dominic Crowe joins as global head of development and strategy for custody and fund services, responsible for creating product and platform strategy for the business.
Previously, Crowe was global head of client service delivery for structured products at BNY Mellon, a position he held for two years. He will now be based in Citi’s New York office, and will report to Sanjiv Sawhney, global head of custody and fund services.
Citi has hired Bill Pryor to its Boston office as global head of data and analytics for custody and fund services. He will work on harmonising the delivery of Citi’s custody and fund services products and information, and will report to both Sawhney and Richard Burns, global head of yield book and fixed income indices.
Previously, Pryor was global head of investment information services at JP Morgan.
Jay Martin has moved from the position of head of investor services operations for North America and global head of alternative investments and wealth management operations at Citi to run the bank’s North America custody and fund services franchise.
In his new role, Martin will lead Citi’s product teams across operations and technology, with a view to developing the custody and fund services business in North America. He will also report to Sawhney, as well as to Shahmir Khaliq, head of investor services for North America.
Sawhney commented: “Global custody and fund services is a core part of our investor services franchise strategy.”
He added: “Appointing talent of this calibre will help ensure that we continue to grow and strengthen the platform to deliver the best products for our clients.”
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