Ben Connolly and Philippe Perzi will be based in Sydney and will report to Mark Woodruff, Citi Australia CEO.
Ben Connolly.
Citi Australia and New Zealand has today announced the appointments of Ben Connolly and Philippe Perzi as co-heads of capital markets and advisory, subject to local regulatory approval.
Connolly is currently managing director and head of real estate for Citi in Australia and New Zealand. He has more than 18 years of experience across Australia, Europe, and the UK advising clients on mergers and acquisitions and capital markets transactions.
Perzi joins Citi from Goldman Sachs where he was managing director and head of its financial institutions group. He has more than 20 years of experience working across mergers and acquisitions, equity capital markets, and delivering leveraged and structured finance solutions to clients.
Connolly and Philippe will report to Jan Metzger, Citi’s head of investment banking for Asia Pacific, and locally to Mark Woodruff, Citi Australia CEO. Both Connolly and Philippe will be based in Sydney.
Philippe Perzi.
Commenting on the appointment, Woodruff said: “We are delighted to be promoting Ben to co-lead the capital markets and advisory business and to welcome Philippe to Citi. Our capital markets and advisory team is a leader in the market, with deep bench strength. This appointment reflects our continued strong investment into our business to ensure we are delivering the best of Citi to our clients.”
Metzger added: “Australia is a critically important market for the Citi franchise. The appointment of both Ben and Philippe is reflective of our continued investment in, and growth aspirations for our Australian business. Under their leadership, Citi is well positioned to capitalise on the strong momentum we are seeing in our Australian and Asia Pacific franchise.”
Citi Australia and New Zealand’s capital markets and advisory business has had a strong start to the year, acting as financial adviser to Charter Hall Group on the takeover of Hotel Property Investments and financial adviser to Carlyle on its bid for a majority stake in Waste Services Group. Additionally, Citi is currently acting as defense adviser to Insignia Financial.
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