AP NEWS

Citi Bolsters Structured Products Business

September 24, 2018

NEW YORK--(BUSINESS WIRE)--Sep 24, 2018--Citi is pleased to announce that it has added two senior hires to the firm’s Structured Products business. Fabrice Hugon has joined as a Managing Director and Head of Third Party Sales for the Americas, responsible for formulating and executing the overall sales and product distribution strategy for the financial intermediary segment. He will report to So-Yon Sohn, Global Head of Retail Third Party Sales and is based in New York.

Hugon joins Citi from Natixis, where he was Head of Equity Derivatives Sales and Financial Engineering, leading sales and product development. Prior to Natixis, he was a Senior Managing Partner at Elkhorn Capital Group. He was also Head of Derivatives Sales for the Americas at BNP Paribas and a Vice President at Societe Generale in the Alternative Investment Structured group.

Benjamin Gerbier also joined the firm’s Structured Products group in early September as a Director and Head of Latin America Third Party Sales. Gerbier is similarly responsible for sales strategy, product distribution and client solutions for the Latin American region. He will report to Hugon as well as Juan Moraleda, Investor Sales Head for LatAm, and is based in New York.

Gerbier joined Citi after 14 years at Societe Generale, where he was Head of Cross-Asset Structured Products Sales for Latin America.

“We continue to make strategic investments to build our Structured Products franchise and I feel strongly that Fabrice and Benjamin are a great fit for our team,” said Eduardo Martinez Campos, Global Head of Retail for Markets and Securities Services. “I am confident they will help us build on our success as we continually improve and expand our product range and service offerings globally.”

“Citi’s global presence clearly articulates a strategic vision and deep commitment to its clients,” said Hugon. “I’m excited to join such a talented team of individuals and be a part of this dynamic organization.”

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://blog.citigroup.com/ | Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005033/en/

CONTACT: For Citi:

Scott Helfman, 212-816-9241

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Citi

Copyright Business Wire 2018.

PUB: 09/24/2018 08:59 AM/DISC: 09/24/2018 08:59 AM

http://www.businesswire.com/news/home/20180924005033/en

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