Citibank® Agency and Trust Expands in Asia - Appoints Adrian Nye Regional Sales Head in Asia
January 30, 2003 – Citibank Agency and Trust announced today the appointment of Adrian Nye as Regional Sales Manager in Asia. In this role, he is responsible for expanding Citibank's presence in Asia as a leading provider of agency, fiduciary, tender and exchange, and depositary and escrow services.
"Adrian's extensive experience with the international capital markets, along with his understanding of the wide-ranging agency and trust services required by issuers in the region, will allow him to maximize our company’s revenues in Asia," said Jeffrey Volk, Managing Director of Citibank Agency and Trust.
Nye was recently in charge of the ADR sales effort for Citibank in the Southeast Asian markets. Prior to joining Citibank in 2001, Nye gained extensive experience in global corporate trust products in the Asia Pacific region having spent 4 years in Hong Kong. He is presently located in Singapore.
Volk said Citibank Agency and Trust’s goal to expand its presence in Asia is a natural extension of the bank’s core capabilities and mission. “No firm can match our breadth of product and service capabilities, financial resources, and global presence and expertise. Agency and Trust has been part of several significant transactions in Asia and Japan both as issuing and paying agent on behalf of corporations and supra-nationals looking for access to the global capital markets through debt offerings and securitization of assets and as tender and exchange agent related to cross-border mergers and acquisitions in the region. Adrian will have a solid foundation to build from moving forward,” said Volk.
Citibank Agency and Trust offers a full range of agency, fiduciary, tender and exchange, and depositary and escrow services in both established and emerging markets. It manages in excess of $3.0 trillion in fixed income and equity investments on behalf of 2,500 corporations worldwide. For more information about Citibank Agency and Trust visit www.agencyandtrust.citigroup.com.
Citibank Global Securities Services
serves global issuers, investors and intermediaries through the industry's
largest proprietary network, spanning 50 countries. It currently provides
securities services to more than 2,500 customers worldwide and has
more than $5 trillion in assets under custody. Citibank is the industry's
premier custodian of cross-border assets, top-ranked global clearer,
and recognized leader in depositary receipt services and agency and
trust services. Citibank's local presence, supported globally by Regional
Service Centers, ensures clients of consistent transaction processing
worldwide, proprietary control of clearing cycles and reduced risk
in all cross-border securities transactions.
Citigroup (NYSE: C), the preeminent global financial services company
with some 200 million customer accounts in more than 100 countries,
provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, insurance, securities
brokerage, and asset management. Major brand names under Citigroup's
trademark red umbrella include Citibank, CitiFinancial, Primerica,
Salomon Smith Barney, Banamex, and Travelers Life and Annuity. Additional
information may be found at: www.citigroup.com.
