Citi has continued its string of APAC appointments, naming John McLean head of equity capital markets (ECM) for Australia and New Zealand. He replaces Robert Jahrling.
Markets revenue for the Japan, Asia North and Australia region at Citi was US$2.5 billion at year-end 2024, up 7% year-on-year.
The announcement follows Citi’s growth of its Australia and New Zealand markets team earlier this year.
READ MORE: Citi bumps up Australia and New Zealand markets team
McLean has been head of global asset managers (GAM) since 2021, where he is responsible for managing the regional advisory team for global alternative asset managers and sovereign wealth fund clients. He is relocating to Sydney from Singapore for the expanded role.
Over the last year, notable GAM activities include advising Pacific Equity Partners on their AUD 1.4bn acquisition of SG Fleet and advising Carlyle to become preferred buyer of Waste Services Group.
On his appointment, McLean commented: ”There is significant opportunity in both private capital markets and ECM across Australia and New Zealand and I look forward to growing the team and delivering for our clients.”
