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Moody’s Economist Joins Citi Australia

By Minjun ParkAustralia
1 min read
Citi Bank
Citi Bank
In this article (4)

The bank is expanding its local research team as it hopes to strengthen its research insights and provide tailored insights on the implications for Australia.

Citi Australia is bolstering its research capabilities with the addition of Faraz Syed, the bank announced in a statement on Wednesday.

Syed joins from Moody’s Analytics, where he was an economist responsible for producing thematic analysis on domestic macroeconomic issues, and country forecasts for Australia, Japan and India, and led research on the Australian housing market. He was previously a research economist at the Australian Bureau of Agricultural Resources, Economics and Sciences.

In his new role, Syed will report to Citi Australia chief economist Josh Williamson. In the announcement, Citi noted growing demand among clients for deeper insights into key macro-economic influences, as well as its Equity Research function, which has more than 160 ASX-listed stocks under coverage.

Questions & Answers

Q.

Why is Citi Australia expanding its local research team?

A.

The bank hopes to strengthen its research insights and provide tailored information on the implications for Australia. It also noted a growing demand among clients for deeper insights into key macro-economic influences and its Equity Research function.

Q.

What will Faraz Syed's main responsibilities be in his new role at Citi Australia?

A.

The article does not explicitly detail his new responsibilities. However, it states he will report to Citi Australia's chief economist, suggesting he will contribute to the expanded local research team's efforts.

Q.

What was Faraz Syed's prior experience before joining Citi Australia?

A.

Before joining Citi Australia, Syed was an economist at Moody’s Analytics. He produced thematic analysis on macroeconomic issues, country forecasts for several nations, and led research on the Australian housing market. He also worked at the Australian Bureau of Agricultural Resources.

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