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Citi Australia appoints new head of equity capital markets

Citi Australia appoints new head of equity capital markets

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By Adrian Suljanovic
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2 minute read

Managing director at Citi Australia, Rob Jahrling, has been appointed as sole head of Equity Capital Markets (ECM) for Australia and New Zealand.

Joining Citi in 2010 as head of equity syndicate and later being appointed as co-head of ECM in 2021, Mr Jahrling has been crucial to Citi’s ECM business success in Australia and New Zealand. In recent years, he played a part in several major strategic equity raisings for clients including Air New Zealand, Sandfire Resources, IGO, National Storage REIT, Shopping Centres Australasia Property Group and NEXTDC.

Mr Jahrling also led successes in Citi Australia’s block trade business, which over the last 12 months, rapidly grew to be the market leader in underwritten ECM block trades by both market share and deal volume.

Some recent transactions include Sumitomo Chemicals’ block in Nufarm, Mubadal’s block in Oil Search and Jacobs Engineering’s block in Worley.

Mr Jahrling will continue to report to head of Citi’s Banking, Capital Markets and Advisory function, Alex Martel, and global co-heads of Citi’s ECM business, Douglas Adams and James Fleming.

On the appointment, Mr Cartel said: "Rob has successfully executed on a range of significant equity offerings in recent years and I’m delighted to have him lead our Equity Capital Markets function. Citi’s clients value Rob’s strategic advice and his deep relationships with key domestic and global institutional investors who provide market sentiment that underpins our successful origination and execution business.”

Mr Jahrling’s strategic equity market insights have proven valuable in relation with several public M&A assignments that Citi advised on.

These include BHP’s successful US$165 billion unification, the merger between Santos and Oil Search valued at US$16 billion and the US$10 billion demerger by Woolworths of Endeavour Group.