Citi Taps New Head Of Consultant Relations

Citi has appointed Frederick Bailey head of North America consultant relations. 

Bailey joined Citi in 2011 and has over 30 years of experience in the institutional investment industry. Prior to joining Citi, he was global head of plan sponsor sales at BNY ConvergEx.

In his new role, Bailey will oversee the consultant relations team, which is responsible for coordinating and directing the bank’s relationships with a broad range of consulting firms that asset managers turn to for investment operations and servicing guidance.

“We recognize the significant role that consultants play in our industry,” said Bob Wallace, North America head of securities and fund services, Citi. “Increasingly, our investor clients are turning to consultancy and advisory firms–in accounting, legal, compliance, research, and the like–as a means to gain a competitive advantage and make informed business decisions. Consultants are influential and valuable resources in helping to shape our clients’ business strategies, and therefore they are essential to us as well.”

Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.