NEW YORK--(BUSINESS WIRE)--Citi has hired Stephen Roti as Managing Director and Global Head of Corporate Equity Derivatives (CED). In this position, Mr. Roti will be responsible for the overall strategy for originating high value added CED transactions and will lead the marketing and education efforts with business partners in Investment Banking, Capital Markets Origination, and Citi Private Bank. He will be based in New York and report to James Boyle, Global Head of Equity Derivatives, Tyler Dickson, Global Head of Capital Markets Origination and Andres Recoder, Global Head of Corporate Sales and Client Solutions.
Mr. Roti brings more than 20 years of structuring and origination of equity related products to Citi including equity derivatives, convertibles, and hybrid securities. He will join the Bank from Nomura where he was Head of Equity Capital Markets for the Americas. Before Nomura, he served at Barclays Investment Bank, where he was Global Head of Equity Linked Origination in New York.
“We are extremely pleased to have Stephen on board,” said Boyle. “He has extensive industry experience and a proven track record that will have an immediate, positive impact on our franchise.”
“This hire complements our existing team well and underscores our commitment to the sector,” said Derek Bandeen, Global Head of Equities. “As our platform evolves, we will continue to invest in the business and expand our services globally.”
Mr. Roti earned a JD from Yale Law School and a BA in Economics and Japan Studies from Macalester College.
Earlier this year, Citi announced that it hired John Lowrey as Global Head of Cash Electronic Execution. Murray Roos was also named Global Head of Sales for its Equities and Prime Finance businesses.
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.
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