Citi Private Bank has appointed David Bailin as its new global head of investments.
Based in New York, Bailin will be responsible for managing the company’s investment management and capital markets activities such as the formulation of investment strategy, advice, solutions and execution across all asset classes for clients worldwide.
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Bailin most recently was the global head of managed investments at Citi Private Bank.
Prior to joining Citi, Bailin served as managing director and head of alternative investment asset management at Bank of America Global Wealth and Investment Management.
Citi Private Bank global head Peter Charrington said: “Over the past eight years, David has demonstrated an enormous amount of passion and enthusiasm for the Private Bank and its clients. He built world class investment management capabilities, globalized and unified the delivery and messaging related to our investments and established Citi as a leader in wealth management for the world’s most sophisticated families, Endowments and Foundations.
“As a result, the Private Bank’s investment businesses have grown much faster than the industry, as our clients have sought our independent, objective investment advice and implementation.”
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