Latest news with #JohnMcLean
AU Financial Review
a day ago
- Business
- AU Financial Review
Citi's new top equity banker shows how memories fade
Hats off to Citi's PR machine with the announcement last week that John McLean would be returning from Singapore as head of equity capital markets for Australia and New Zealand. Most (if not all) of the coverage in the finance press reprinted its media release. Or, naturally, focused on McLean replacing Rob Jahrling, the three-time Olympic rower who presided over the bank's mishandling of a Goodman block trade last year. Citi's misjudgment around the price of $1.9 billion of Goodman shares led to a $70 million loss for the firm. Few recover from such a big, single loss. Jahrling was always going to be on borrowed time.
National Business Review
5 days ago
- Business
- National Business Review
Citi makes new appointment for Australia and NZ
US-based investment banking group Citi has appointed John McLean as head of equity capital markets and global asset managers for Australia and New Zealand. McLean is currently head of global asset managers for Citi's financial sponsors business in Asia Pacific and will relocate from Singapore to Sydney for the role. In his current role, he is responsible for managing a regional team advising global alternative asset manager and sovereign wealth fund clients. Citi Australia chief executive Mark Woodruff said in a statement that McLean was the ideal person to lead the bank's growth plans, due to his experience in Asia and Australia. Meanwhile, McLean said he was excited to be returning to Australia. 'There is significant opportunity in both private capital markets and equity capital markets across Australia and New Zealand and I look forward to growing the team and delivering for our clients.' McLean's deal experience includes working on the Green Tea IPO in Hong Kong, the Hexaware IPO in India, the private sale of Dulwich College International, and the partial divestment of Temasek's Singapore Airlines stake. As well as his financial sponsors' expertise, McLean has over two decades of experience in equity capital markets. This is supplied content and not commissioned or paid for by NBR.
Bloomberg
5 days ago
- Business
- Bloomberg
Citi Taps McLean as Australia ECM Head After Jahrling Exits
Citigroup Inc. 's head of equity capital markets for Australia and New Zealand is leaving the bank to pursue another opportunity. Rob Jahrling will be replaced by John McLean, said a spokesperson for the firm.
