Citigroup has named Jeffrey McCarthy as head of global ETF products, Financial Times reports. McCarthy, who will join the firm’s securities and fund services business, will work under Chandresh Iyer, the head of global custody and investment administration services.

In the new role, McCarthy will be responsible for product innovation and market development and will manage the delivery of end-to-end servicing solutions across trading, distribution and administration for the global ETF market. Previously, McCarthy worked with Brown Brothers Harriman as global ETF product manager.

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