Mark Woodruff

Citi Australia has named Mark Woodruff as its new Head of Markets for Australia and New Zealand, following the announcement of Luke Randell’s retirement earlier this year.

In his newly appointed role, Woodruff will be responsible for developing and implementing regional product delivery strategies for the Australia and New Zealand business, while maintaining a strong risk management discipline and culture. Woodruff is currently Head of Investor Sales for Australia and New Zealand and will retain these responsibilities.

Commenting on the appointment, Citi Australia and New Zealand CEO, Marc Luet, said: “Mark joined Citi more than two-decades ago and has held a number of important senior leadership positions in Australia including Head of FX and Corporate Derivative Sales and most recently as Head of Investor Sales. In this role, Mark has consistently increased franchise revenue and market share, by driving key client segment initiatives, particularly across Superannuation Funds and Financial Intermediaries. Mark is a trusted and esteemed leader both internally and to our clients.”

Luke Randell has had a distinguished career with Citi, spanning more than three-decades, and has worked across Australasia, the Asia Pacific and EMEA regions in sales, structuring, research and capital markets.

“Luke has led our Markets and Securities Services business in Australia & New Zealand since 2017 where he has created a winning culture, achieved outstanding results, and evolved the business with new products and clients,” Mr Luet said. “We would like to thank Luke for his contribution to the franchise over the years and wish him all the best in his next endeavours.”

Citi’s Markets and Securities Services division provides products and solutions for corporates, institutional investors, and governments through underwriting, structuring and sales and trading across all asset classes, sectors and industries. It is one of the largest brokerages in Australia.

Woodruff’s appointment is subject to regulatory and compliance approvals.

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Marc Luet

Citi Foundation has awarded grants of over A$1 million to community partners in Australia to support youth employment programs over the next 12 months.

The awarding of grants is part of Citi Foundation’s global Pathways to Progress program, which aims to equip young people, particularly those from underserved communities, with the skills and networks needed to succeed in today’s rapidly changing economy and be the most employable generation yet.

This year, to further efforts in diversity and inclusion, Citi Foundation has included Northcott NEXT program on their list of grant recipients. With this grant money, Northcott NEXT program will provide personalised services and empower school leavers with a disability to gain the skills required to transition to their next life stage.

Commenting on the grants, Citi Australia CEO Marc Luet said: “Disability is an increasing area of focus at Citi. Globally, Citi celebrated Disability Awareness Month in October and our partnership with the Paralympics is Citi’s first global, mission-led collaboration. It made perfect sense for us to extend this focus into our community partnerships with our Citi Foundation grants.”

The full list of programs funded by Citi Foundation for 2021/2022:

Disability

Northcott NEXT program is one of Australia’s largest not-for-profit disability services organisations and supports people with a disability to realise their potential. Northcott provides personalised services to over 12,000 adults and children and aims to build an inclusive society where people can live the life they choose.

Indigenous

AIME – The IMAGI-NATION program aims to engage 500 Year 11 and 12 Indigenous students to develop a clear post-school plan with the goal of transitioning every student into university, full time employment, trades or further training.

Foundation for Young Australians – Project Dinnawan is a national program supporting Indigenous young people across Australia, focused on strengthening their capacity and leadership, building the connection and vision of young Indigenous people to shape the future of their communities and country. This includes a focus on storytelling and platforming young mob’s voices and seeding systemic change.

Disadvantaged youth

Brotherhood of St Laurence – The Creating Futures for Youth program supports young people experiencing disadvantage pursue their career aspirations and build their capacity for an ever-evolving workforce. We equip young people with skills, help them plan their careers and link them with opportunities that align with their aspirations to put them on track to the world of work.

Social Ventures Australia – Through the Rebuilding the Career Ladder Initiative, SVA work with a community of employers in Western Sydney that are committed to rewiring their current and future recruitment practices. The project will build the foundations for adoption of inclusive and sustainable employer practices to increase opportu

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