Investments

Citi Private Bank names global head of investments

Citi Private Bank has appointed David Bailin as global head of investments, based in New York.

In this role, he will oversee the firm’s investment management and capital markets activities, including the formulation of investment strategy, advice, solutions and execution across all asset classes for all private bank clients globally.

Bailin was previously global head of managed investments for Citi Private Bank – considered to be the architect of its global managed investments platform, including its Citi Investment Management unit and the bank’s private equity, real estate, hedge fund and traditional investment teams. 

“We are experiencing strong AUM growth in discretionary and advisory management and in capital markets,” said Bailin. “This is also an opportunity for us to further develop and leverage the partnership between the private bank and our colleagues in the broader institutional clients group.”

Before Citi, he was managing director and head of alternative investment asset management for Bank of America Global Wealth and Investment Management.