Frei Quits Pictet for Citibank

Citibank Global Securities Services today announced the appointment of Alfred Frei as Regional Market Manager for North Central Europe. Frei, who will be based in Zurich, will have direct management responsibility for the company's functions in Germany, Switzerland, and Austria.

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Citibank Global Securities Services today announced the appointment of Alfred Frei as Regional Market Manager for North Central Europe. Frei, who will be based in Zurich, will have direct management responsibility for the company’s functions in Germany, Switzerland, and Austria.

Frei joins Citibank from Pictet & Cie, where he was Head of Global Custody Marketing and Sales, based in Zurich. His prior experience includes Head of Global Custody Marketing and Sales at SBC (Swiss Banking Corporation) and Head of Securities Trust and Information Services at J.P. Morgan.

Commenting on the appointment, James P. Donovan, Regional Business Executive for Europe, Japan, Middle East, and Africa at Citibank Global Securities Services, said: “Our appointment of Fredy Frei reflects our continuing commitment to meet the challenging needs of our customers in this region. Fredy’s broad range of experience and detailed market knowledge will be an asset to Citibank as we continue to grow our business in key European markets. The appointment also underscores Citibank’s strong capabilities, our local market expertise and our allegiance to this section of Europe.”

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