Citigroup, a New York-based investment bank and financial services company, has promoted Joe Bond to the position of Senior Vice President of FX Sales for UK and Jersey. Bond has been heading Citi's forex sales team for both jurisdictions since April 2021.

The executive, who brings over a decade of forex experience to the role, joined Citi in July 2015 as the Assistant Vice President (AVP) of FX Sales. During the course of his experience at Citi, Bond served as the Vice President of Forex Advisory, Sales and Execution.

Before joining Citi, the forex specialist worked in a supporting role with the founder of Abshire-Smith, a startup that offered margin on electronic foreign exchange (eFX) and contract for difference trading to institutional and high net worth investors. The executive served in the Middle East and North Africa-focused role between October 2011 and July 2015.

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Furthermore, between September 2010 and October 2011, Bond worked as a Spot eFX Dealer and Market Maker at CPT Markets UK, which was then called Citypoint Trading Limited. After graduating from the University of Kent with a degree in Business and Economics in 2009, Bond started his career as a Graduate FX Dealer at Halo Financial Limited, a firm that offers banking, investment, lending and other financial services.

Citi's Remote Working Policy

Citi was founded 24 years ago by Sanford Weill. The company is one of the four largest banking firms in the United States alongside JPMorgan Chase, Wells Fargo and Bank of America. Through its many subsidiaries, Citi is active in sectors such as asset management, banking, equities trading, investment and risk management, among others.

The investment bank is one of the companies on Wall Street with a favourable disposition towards remote work. In December last year, Jane Fraser, Citi’s CEO, said the company’s employees could work remotely for the last two weeks of the year.

However, on Tuesday, Fraser, speaking at a Bloomberg event held at the World Economic Forum in Switzerland, disclosed that remote employees are recalled to the office for coaching when their productivity dips.