Citi has expanded its coverage of the investor servicing consultant community for asset managers with the appointment of Frederick Bailey as head of North America consultant relations.

The North America group that Bailey now oversees is part of a global coverage team that includes consultant relations support for Europe, Middle East and Africa. Bailey joined Citi in January 2011 from BNY ConvergEx where he served as the Global Head of Plan Sponsor Sales.

“We recognize the significant role that consultants play in our industry,” said Bob Wallace, North America Head of Securities and Fund Services, Citi.

“Increasingly, our investor clients are turning to consultancy and advisory firms – in accounting, legal, compliance, research, and the like – as a means to gain a competitive advantage and make informed business decisions. Consultants are influential and valuable resources in helping to shape our clients’ business strategies, and therefore they are essential to us as well.”