Citi Hires Fergus Pery to Head OpenCollateral
Citi has hired Fergus Pery as global product head of OpenCollateral. The growing focus on counterparty exposure and changing regulatory environment are driving an increased focus on collateral management. Pery’s appointment to this new role enhances Citi’s collateral management resources to assist clients in this changing environment.
Pery, who is based in London, joins Citi from JP Morgan Chase and brings to the role extensive industry and product expertise as well as a deep understanding of client needs in this space. In his role, Pery is responsible for the both technical sales and product management globally for OpenCollateral. He reports to Rajen Shah, global head, collateral management for Citi’s securities and fund services and Europe, Middle East and Africa (EMEA) head of securities finance.