The bank is expanding its local research team as it hopes to strengthen its research insights and provide tailored insights on the implications for Australia.
Citi Australia is bolstering its research capabilities with the addition of Faraz Syed, the bank announced in a statement on Wednesday.
Syed joins from Moody’s Analytics, where he was an economist responsible for producing thematic analysis on domestic macroeconomic issues, and country forecasts for Australia, Japan and India, and led research on the Australian housing market. He was previously a research economist at the Australian Bureau of Agricultural Resources, Economics and Sciences.
In his new role, Syed will report to Citi Australia chief economist Josh Williamson. In the announcement, Citi noted growing demand among clients for deeper insights into key macro-economic influences, as well as its Equity Research function, which has more than 160 ASX-listed stocks under coverage.