Citi (C) Hires Zubaid Ahmad as Vice Chair of Institutional Clients Group; To Head Global Sovereign Wealth Fund Initiatives
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Citi (NYSE: C) today announced that Zubaid Ahmad will join as Vice Chairman of Citi's Institutional Clients Group and will be a member of its Senior Strategic Advisory Group. He will lead Citi’s global sovereign wealth fund coverage initiatives, helping ensure the effective delivery of Citi’s broad product capabilities to this important client group. In his new role, he will work closely with Citi’s Public Sector Group, and will also help provide senior coverage support on cross-border initiatives.
Mr. Ahmad brings 25 years of global financial services industry experience to Citi, during which time he has worked on a large number of transactions in both the US and emerging markets, maintaining extensive relationships with corporate, private equity and sovereign wealth fund clients. He joins Citi from Standard Chartered and, prior to that, held senior positions at JPMorgan, including Vice Chairman and Chief Operating Officer of Americas Investment Banking and Vice Chairman of the Financial Sponsor Group. He received his MBA from Harvard Graduate School of Business Administration and his BSBA from Georgetown University.
“Zubaid is a seasoned corporate and investment banking professional, and commands a tremendous depth of knowledge and impressive stable of client relationships. We are extremely pleased that he is joining us to help lead our team in delivering the uniquely powerful combination of Citi’s global reach and product depth to our sovereign wealth fund clients”, said John Havens, Chief Executive Officer of Citi’s Institutional Clients Group.
Mr. Ahmad added: “I am delighted to be joining Citi at this time to undertake this important effort. Citi has a truly unmatched global platform which is uniquely positioned to serve its clients’ needs. I look forward to working closely with my new partners to further enhance Citi’s already strong relationships with sovereign wealth fund clients globally.”
Mr. Ahmad brings 25 years of global financial services industry experience to Citi, during which time he has worked on a large number of transactions in both the US and emerging markets, maintaining extensive relationships with corporate, private equity and sovereign wealth fund clients. He joins Citi from Standard Chartered and, prior to that, held senior positions at JPMorgan, including Vice Chairman and Chief Operating Officer of Americas Investment Banking and Vice Chairman of the Financial Sponsor Group. He received his MBA from Harvard Graduate School of Business Administration and his BSBA from Georgetown University.
“Zubaid is a seasoned corporate and investment banking professional, and commands a tremendous depth of knowledge and impressive stable of client relationships. We are extremely pleased that he is joining us to help lead our team in delivering the uniquely powerful combination of Citi’s global reach and product depth to our sovereign wealth fund clients”, said John Havens, Chief Executive Officer of Citi’s Institutional Clients Group.
Mr. Ahmad added: “I am delighted to be joining Citi at this time to undertake this important effort. Citi has a truly unmatched global platform which is uniquely positioned to serve its clients’ needs. I look forward to working closely with my new partners to further enhance Citi’s already strong relationships with sovereign wealth fund clients globally.”
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