Citi Commercial Bank Appoints New Head of UK Operations
November 01 2019 - 6:30AM
Business Wire
The Commercial Bank’s UK business continues to
grow with a further four senior appointments
In a sign of its ongoing commitment to the UK market, Citi has
appointed Bill Stanton as head of its UK Commercial Banking
business. Reporting to Raymond Gatcliffe, EMEA Head of Citi
Commercial Bank (CCB), Bill will be responsible for leading the UK
franchise, serving the mid-market corporate segment across a number
of industries.
Bill joined Citi in 2004 and for the past four years has led the
CCB business in Korea. Prior to this, he was based in New York and
led the global sales management strategy for CCB.
Raymond Gatcliffe, EMEA Head, Citi Commercial Bank commented:
“I’m delighted to have Bill join our growing Commercial Banking
business here in the UK. His appointment and the addition of our
four industry heads strengthens the recent investments we have made
in the region and indicates our commitment to this important
market. Bill is highly regarded within our commercial banking
business, and brings with him the experience and dedication we need
to continue to build on our UK franchise. We see potential for
continued profitable growth in the UK mid-market sector and I look
forward to working closely with Bill and team as we focus on
continuing to gain market share.”
The CCB UK franchise launched in 2017 and has delivered
consistently strong growth since inception. To further support its
evolution, the business has recently made a number of senior hires
to lead on key industry sectors, including Consumer Brands &
Healthcare, Business Services, Industrials, and Technology, Media
& Telecoms.
Sarah Briddon has joined to head up the Consumer Brands &
Healthcare sector, focusing closely on the food & drink,
retail, beauty, consumer services and the life sciences and
pharmaceutical industries. Sarah joins from HSBC, and has over 16
years’ experience in Commercial Banking, bringing with her
significant practical experience in dealing with businesses
operating here in the UK and overseas.
Terry Koizou has been appointed as UK Head of Business Services,
responsible for leading Citi’s strategy across a key sector for the
Commercial Bank, which employs over 3.3 million people and
contributes 9.5% of UK GDP. Terry has 13 years of commercial
banking experience, supporting management teams and providing
banking & financing solutions to UK mid-corporate clients
across a number of sectors, most recently at Lloyd’s.
Vineet Vetts has been appointed as head of the Industrials
sector, focusing closely on a number of sub-sectors including
manufacturing, capital goods, chemicals, aerospace and defence,
construction, transport and logistics, power, metals and mining as
well as oil and gas. Vineet has over 15 years of corporate banking
experience providing global banking coverage to UK mid cap
corporates across industry sectors, after having worked as process
engineer at Downstream Oil refinery.
Sophie Muir has re-joined CCB as head of the Digital and
Technology, Media & Telecommunications (TMT) sector. Sophie
will focus on digital clients, including fintech companies in the
payments space. Previously, she covered TMT clients for larger
multinationals at Citi, after which she co-founded a business that
originated diligence, structured, and monitored loans for UK
SME.
On his appointment and his growing team, Bill Stanton, UK Head,
Citi Commercial Bank commented: “It is an exciting time to be
joining such a fast-paced business and joining with me a team of
experts in their field. We have a clear focus on targeting UK based
mid-market companies that are looking to expand globally, and I
believe our team here will play a vital role in continuing to drive
growth and momentum in this space.”
About Citi Commercial Bank:
Citi Commercial Bank provides global banking capabilities and
services to mid-sized, trade-oriented companies with sales up to
$1.5 billion, and that are within Citi’s footprint. As many of
these companies expand internationally, Citi is in a unique
position to support their growth by providing access to Citi’s full
range of wholesale banking solutions.
About Citi:
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 www.citigroup.com |
Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:
http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn:
www.linkedin.com/company/citi
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Citi Media Contact: Belinda Marks +44 20 7508 3082
belinda.marks@citi.com
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