24 June, 2024 — Citi today announced the appointment of David Bailey as the Head of Debt Capital Markets Australia and New Zealand.
David will report to Alex Cartel, Head of Capital Markets and Advisory in Australia and regionally to Adrian Khoo, Head of Asia North & Australia, Asia South Bonds and Ben Ng, Head of Asia North & Australia, Asia South Loans and Syndicate.
David is currently Head of Citi’s Cross Border Capital Markets in New York where he is responsible for the origination and execution of US$ securities for global borrowers and a select number of US domestic clients. This business has consistently held a top 3 wallet position in bond underwriting for more than a decade under his stewardship.
Previously, David held a number of senior roles for Citi in Australia.
Alex Cartel, Head of Capital Markets and Advisory for Citi Australia said, “the Citi Australia and New Zealand Debt Capital Markets team has achieved unprecedented success in 2024. I am delighted to be welcoming David back to Australia to build on this momentum.”
David said, “I am excited to be returning to Australia to lead the Debt Capital Markets business. The Australian DCM team has consistently enjoyed a top market position for over 20 years, with multiple landmark transactions across global currencies for Australian and New Zealand borrowers.
I am looking forward to working with an excellent team and building on the remarkable success that has been made possible by the partnership with Citi’s key clients in the region.”
The Citi Debt Capital Markets business has consistently placed in the top 3 Australia and New Zealand Debt Capital Markets league tables for 10+ years for all International Bonds
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
Media Contact:
Rachel Maher
0434 191 290
Note to editors;
Citi Australia and New Zealand DCM deal wins year to date.
