Citi's Aidan Allen to head Aussie IB

Allen will wear two hats for the US bank, becoming head of investment banking whilst remaining head of general industries and financial sponsors.
Aidan Allen
Aidan Allen

Citigroup has appointed Aidan Allen head of investment banking in Australia and New Zealand, a position created to strengthen his leadership role across the division, the US bank said in a statement on Wednesday.

Allen is currently Citi's head of general industries and financial sponsors in the region, a job he has held since joining the bank in 2013 and one he will retain after stepping into his new role, the bank said.

By giving Allen more authority the bank is acknowledging his success during the past two years since he was poached from UBS

Citi accounts for 4.6% share of...

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