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Saiid Ghobadian appointed EMEA head of OpenCollateral at Citi

Thursday, 09 February 2012
Saiid Ghobadian appointed EMEA head of OpenCollateral at CitiCiti says Saiid Ghobadian has been appointed EMEA head of OpenCollateral, Citi's collateral management product solutions. The increased regulatory pressure coupled with the growth of the OTC derivatives market has resulted in an increased focus on collateral management and Ghobadian's appointment reportedly strengthens Citi's capabilities in this sector. http://www.ftseglobalmarkets.com/

Citi says Saiid Ghobadian has been appointed EMEA head of OpenCollateral, Citi's collateral management product solutions. The increased regulatory pressure coupled with the growth of the OTC derivatives market has resulted in an increased focus on collateral management and Ghobadian's appointment reportedly strengthens Citi's capabilities in this sector. 

Ghobadian brings over 15 years of experience in financial services and technology as well as a deep expertise in developing innovative solutions to improve collateral efficiency. He joins from JP Morgan where he was in charge of product development for Securities Collateral Management in EMEA.

In his new role Mr. Ghobadian will be based in London and report to Fergus Pery, global head of OpenCollateral. He is responsible for product development, strategy and sales. 

Citi offers agnostic collateral management services through OpenCollateral which acts as a trusted agent, interacting with clients’ counterparties to deliver comprehensive and customizable solutions designed to help clients mitigate risk and improve return on assets.

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