15 August 2017
New York
Reporter: Drew Nicol

Citi loses head of Americas investor services sales

Citi’s co-head of Americas investor services sales has left the bank after four years.

David Tenney was responsible for leading and managing teams focused on the distribution of prime brokerage, collateral management, delta one, futures, clearing and capital introductions.

In a statement, Tenney confirmed he plans to pursue new opportunities after his 90-day garden leave period ends. It began in July.

Tenney is considering roles on both sides of the investment banking business, including traditional asset managers and hedge funds.

“I am grateful for the opportunity to have worked there for the last four years, which gave me a platform to further hone my technical, leadership and management skills,” Tenney said.

“Most importantly, I am grateful for the support that I received from my direct team and the broader equities team—the success we enjoyed in growing the business was the result of a truly collaborative effort that spanned both the prime finance and equities businesses.”

Prior to Citi, Tenney was head of client relations at Forester Capital for eight months.

Tenney began his career at Goldman Sachs where he rose up the ranks over 21 years to become co-head of Americas equity research between 2001 and 2007.

He was also COO of global research from 2004 to 2007.

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