Citi announces new capital markets and advisory co-heads
The news: Citi Australia and New Zealand has appointed Ben Connolly and Philippe Perzi as co-heads of its capital markets and advisory business.
The context: Connolly is currently managing director and head of real estate for Citi in Australia and New Zealand. Perzi will join Citi from Goldman Sachs where he was managing director and head of its financial institutions group.
Connolly and Perzi will report to Jan Metzger, Citi’s head of investment banking for Asia Pacific and locally to Mark Woodruff, Citi Australia CEO.
Citi's local capital markets and advisory business recently acted as financial adviser to Charter Hall on the property investor's takeover of Hotel Property Investments.
Elsewhere, Citi Australia announced the retirement of Tony Osmond, who most recently served as vice chair for Japan, Australia and North Asia. He will remain at Citi until 2026.
The source: Citi media release