Citi has announced the appointment of Jonathan Alpert as Global Head of Insurance and Ryan Willingham as Managing Director for Speciality Finance, as part of its strategy to enhance its Financial Institutions Investment Banking division. With the insurance sector in Asia Pacific experiencing a surge in mergers and acquisitions and financing activities, these appointments aim to position Citi as a leading adviser in the region.
Jonathan Alpert, who will join Citi in September, brings over 28 years of experience from Bank of America, where he served as Co-Head of Global Insurance. Alpert’s expertise in handling significant cross-border insurance transactions is expected to bolster Citi’s capabilities in the insurance sector. He will collaborate with Brian Malbacho, North America Head of Insurance, to further develop Citi’s global insurance platform.
Ryan Willingham, set to join in August, also hails from Bank of America, where he led the Speciality Finance sector within the Financial Institutions group. With 19 years of experience, Willingham’s extensive client relationships across mortgage originators, servicers, and other speciality finance sub-verticals will be instrumental in expanding Citi’s reach in these areas.
These strategic hires underscore Citi’s commitment to building a market-leading Financial Institutions franchise and supporting growth among leading insurers in Asia Pacific. As the region continues to be a hub of deal-making activity, Citi’s enhanced team is poised to capitalise on emerging opportunities and drive further growth.
