Citi promotes head of research

Citi has promoted Paul McTaggart as its new head of research for Australia and New Zealand.

McTaggart has been with the organisation for the last two years as director of metals and mining research. He was previously the managing director of Credit Suisse Australia, leading research into metals, mining, commodities, and equities. He previously held senior management roles with HSBC Global Banking and Markets in London and managing director for Morgan Stanley.

McTaggart started his career as an engineer with BHP.

"Since he joined the bank in 2019, Paul has been 'leading the debate' on the Australian metals and mining sector, gaining recognition and providing insight and thought leadership for clients across the globe, in a key sector for the bank," said Citi's head of Pan-Asian research, Brent Robinson.

Citi Australia and New Zealand chief Marc Luet echoed Robinson's praise for McTaggart's contributions. "We are delighted to welcome Paul to the role and excited about the opportunities ahead. Citi Australia and New Zealand's research team is consistently ranked and highly regarded in diversified financials, insurance, small caps, technology and retail, and considered a thought-leader in the growing ESG sector."

McTaggart has taken on his new role immediately.