Citi Private Bank has announced the appointments of Jacopo Eydallin, as head of Investment Counselling for Northern Europe, and Simon Macdonald as director of cross-asset alpha team.
Eydallin, who will be based in Zurich, will report to Laurence Stoppelman, head of Investments for Citi Private Bank EMEA and Macdonald, based in Geneva will report to David Carrera de Manuel, head of the Private Bank EMEA’s Cross Asset Advisory team.
Eydallin, who has 17 years of cross-asset capital markets experience, joins from Goldman Sachs Private Wealth Management, where he worked for 10 years, most recently heading up the firm’s Market Solutions Group in Switzerland. In his new role, Eydallin will manage a team of investment specialists across EMEA, and will work with some of Citi’s largest family office clients in the region.
Macdonald brings a wealth of multi-asset class sales coverage to Citi Private Bank’s EMEA capital markets team. He began his career in 1998 at Deutsche Bank London, spent several years with UBS in their markets business in London and across Asia covering hedge funds and was most recently the Asia Pacific head of G10 rates sales and product development for HSBC in Hong Kong.
Laurence Stoppelman, head of Investments, Citi Private Bank EMEA, says: “We are delighted to welcome Jacopo and Simon to our growing EMEA Investments team. As we continue to build our investment counselling team, Jacopo and Simon’s in-depth product knowledge and industry experience will be valuable asset to the business.”
Earlier this year, Citi hired two senior private bankers for its Zurich office as part of the firm’s continued growth strategy for its private banking franchise in Switzerland.