Citi Makes Appointments in Middle East and Global Transaction Services Business
Citi has made two key management appointments in the Middle East. Jervis Smith has been named managing director, financial institutions group, head of international managed funds and Middle East, while Richard Street has been appointed director, securities and fund services strategy and business development, Middle East and North Africa. In addition to the Middle East appointments, Citi has also named Paul H. Simpson as head of global public sector and healthcare markets for its global transaction services business. Reporting directly to Paul Galant, CEO of global transaction services, Simpson will assume this new global role to sharpen the focus on solutions and services for clients in the public sector and healthcare markets – segments that Citi considers key to the overall growth of transaction services. Simpson joins Citi from JPMorgan Chase where he held several roles in treasury services since 2001.