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Citi Announces Appointment Of Gordon Kroft To Head Of Americas Telecommunications

Citi today announced that Gordon (Gordie) Kroft will join the company as Head of its Telecommunications practice in the Americas. In this newly created role, Gordon will oversee coverage for several important sectors, including wireline and wireless service providers, data center and tower infrastructure companies, and directories and satellite service providers in the Americas.

“Gordie brings a long track record of serving telecommunications clients, and hiring someone with his experience and deep relationships in the sector reinforces Citi’s commitment to our industry-leading telecom franchise,” said Mark Shafir, Global Head of Technology, Media & Telecommunications and Global Co-Head of M&A at Citi. “He is a trusted advisor and industry expert, and we are delighted to welcome him to Citi.”

In driving this effort, Gordon will work closely with Citi’s Canadian and Latin American groups, as well as with Eric Medow, Citi’s Global Head of Telecommunications. Gordon will officially join Citi in September.

Over his 16-year career, Gordon has focused on the telecommunications industry, advising some of the largest companies in the sector on a number of defining M&A and financing transactions. Gordon began his career at Lehman Brothers in 1997 and has been with Barclays since 2008.

About Citi

Citi, 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 http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://new.citi.com | Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

Copyright Business Wire 2010

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