People Moves

Citi Private Bank Hires Another Regional Team Leader

Eliane Chavagnon Reporter 19 February 2013

Citi Private Bank Hires Another Regional Team Leader

Citi Private Bank has brought in Bruce Stewart as a director and investment counselor in Boston, MA. 

Stewart will report to Michael Persinski, of Citi Private Bank US investments, as team leader for the Boston office. As such, he will handle all Boston-related investment business for the private bank.

Stewart joins Citi from TD Wealth in Boston, where he spent two years as co-head of investments, actively managing $10 billion in third-party managers across equity, fixed income and alternative assets in 12 model portfolios. 

Before that, he spent eight years at Longvue Advisors as chief investment officer, before which he served as a vice president of research and portfolio manager at JP Morgan Chase in New York. Prior to JP Morgan, he worked at Fidelity Investments in Boston and The World Group in Washington, DC.

In a similar move last week, Citi named Keith Gertsen as a managing director and team leader in Greenwich, CT, with effect from March 18.

Gertsen will have responsibility for client acquisition, managing client relationships and shaping a hedge fund and alternative investments strategy, reporting to Paul Hubert, global market manager for the eastern region.

Meanwhile, earlier this month the bank brought in Luke Palacio as managing director and regional market manager for the Southeast region, as the firm also looks to expand its ultra high net worth Latin American business.

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