New York-based Lars Olesen, Citi’s head of FX e-commerce, has been named as the new head of global FX sales for the bank. He succeeds London-based Martin Dyer, who is leaving the market after 20 years with the bank. Dyer was named to the global role in 1994, and is due to leave the bank in June.
Olesen will transfer from New York to London to take up his post from April. He reports to Richard Moore, global head of FX. Olesen joined CitiFX in 1989 and has held a number of roles, including global option sales head and North American sales manager.
In his most recent role as head of FX e-commerce, he was instrumental in the launch of the Atriax consortium.
“Lars brings a great deal of valuable experience to the global sales role, not least in building our e-commerce franchise, which will become an increasingly important part of our offering to our global clients,” says Moore.
A replacement for Olesen will be named shortly.
Dyer, who began his career at Citibank in 1980, has held various senior sales management positions, including UK sales manager, European sales manager and, from 1994, global sales manager. “Among his many accomplishments over the years, the introduction of a disciplined sales management process with a focus on customer satisfaction has ensured that the CitiFX franchise is widely recognised as one of the best in our industry,” says Moore.