Citi prioritising Luxembourg fund business with new role

Bank appoints Jervis Smith as head of investor services for Luxembourg in expansion push

Citi has appointed Jervis Smith as the bank’s head of investor services for Luxembourg, a newly created role reflecting Citi’s focus on the country.

Smith, who has more than 30 years of industry experience, was most recently Citi’s head of sales for the bank’s APAC securities services business.

His appointment continues Citi’s build out of its custody and fund services capabilities, following last month’s hire of JP Morgan’s Patrick O’Brien as head of fund services in Ireland and head of offshore business development for Ireland and Luxembourg.

Smith will report to the head of securities services for EMEA, Chris Cox, and to CCO for Luxembourg Alberta Brusi.

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