US: Former Bank of America (BoA) executive David Bailin will join Citigroup Private Bank as managing director and global head of managed investments. He will be responsible for expanding and distributing investment products and solutions, including alternative and traditional investments. He will also lead Citi’s tailored portfolio group that provides discretionary asset management services globally.
Bailin was most recently president of alternative investment asset management for BoA Global Wealth & Investment Management that includes Merrill Lynch and US Trust. Before that, he co-founded Martello Investment Management.