Citi has appointed a former senior executive from BlackRock’s iShares for its global exchange traded fund (ETF) business, as it continues its push into the passive investment market.
Andrew Jamieson joins Citi as global head of ETF product, Global Custodian understands. He will be responsible for building out its fixed income and currency beta platform, and further developing its ETF custody and fund administration business.
A spokesperson for Citi confirmed the appointment.
Jamieson joins Citi from Warriston Place Advisors, a London-based consultancy for buy and sell-side firms providing education on developments in ETFs, prime brokerage and securities lending.
Prior to that, he was global head of broker-dealer and market maker relationships for BlackRock iShares, one of the world’s largest ETF issuers. Jamieson was also European head of equity finance at JP Morgan.
Earlier this year Citi hired Jake Myburgh, an ETF specialist from Brown Brothers Harriman, as an ETF product manager. In addition, the bank was also appointed by US asset manager Victory Capital to provide fund administration, custody and transfer agency services for its ETFs.