Two MD promotions in Citi’s investment banking team

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Citi has promoted industrials banker Jack Groom and utilities and infrastructure specialist Richard Jones to its managing director ranks.

Jones, a Citi veteran, joined the bank in 2009 to specialise in energy, power and infrastructure deals.and is involved in Vector’s review of its smart meters business.

The two bankers join the likes of head of banking for Australia, Alex Cartel, real estate banker Ben Connolly, financial institutions lead Adeline Chew and capital markets boss Rob Jahrling as MDs in the local Citi team. co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

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