Citi Wins Top Honours in Global Custodian Awards
March 23 2018 - 7:38AM
Business Wire
Citi was recognized by Global Custodian, a leading industry
publication dedicated to international securities services, at its
annual “Leaders in Custody” awards dinner in London.
In the publication’s biggest awards ceremony to-date, Global
Custodian recognized service providers for market excellence
and consistency. Citi picked up four awards:
- ProxymitySM,, the digital proxy voting
platform conceived and developed by Citi, was named “Best
Innovation in Service Provision” of the year. Commenting on this
award, Jonathan Watkins, managing editor, Global Custodian, said:
“Proxymity is a prime example of real innovation with potential to
disrupt an established process that has been riddled with manual
and outdated procedures. It’s also great to see results from a mix
of both Citi’s custody team and its Ventures team, which
serves as template for the rest of the securities services industry
when looking to roll out new initiatives.”
- Citi received the leading client award
in Global Custodian’s “Agent Banks in Emerging Market” category for
Central and Eastern Europe. The survey provides a comprehensive
snapshot of agent banks across 22 emerging markets and ranks
providers across seven areas of service including settlement, asset
servicing, relationship management and client service, reporting,
technology, ancillary services and value delivered.
- Citi’s Custody and Fund Services
management team was recognized with two awards. Sanjiv Sawhney,
global head of Custody and Fund Services, was inducted into the
Global Custodian Hall of Fame with a Legend award while Pervaiz
Panjwani, EMEA head of Custody and Fund Services was voted Industry
Person of the Year following votes from more than 6,000 industry
participants.
“We are thrilled to receive this prestigious industry
recognition,” said Okan Pekin, global head of prime, futures and
securities services, Citi. “As we continue to build on the strong
momentum of our franchise, these awards speak to the successful
execution of our strategy to invest in talent and technology while
leveraging the breadth and depth of our network to provide our
clients with truly innovative and consistent solutions across the
full spectrum of investment services.”
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About Citi Citi (NYSE: C), the leading global bank, has
approximately 200 million customer accounts and does business in
more than 160 countries and jurisdictions. Citi provides consumers,
corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and
credit, corporate and investment banking, securities brokerage,
transaction services, and wealth management.
Additional information may be found
at www.citigroup.com | Twitter: @Citi |
YouTube: www.youtube.com/citi |
Blog: http://blog.citigroup.com |
Facebook: www.facebook.com/citi |
LinkedIn: www.linkedin.com/company/citi
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CitiSusan Monahan (UK)+44
20-7508-0786susan.monahan@citi.com
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