Mark Litz, formerly the European fintech head at Citigroup, has recently joined DC Advisory, a Japanese bank, in a prominent position.
Having served Citigroup for 17 years until his departure in late 2020, Litz brings extensive experience to his new role.
It is worth noting that he left Citigroup alongside Piers Davison, the former co-head of the financial institutions group in Europe, the Middle East, and Africa for JPMorgan.
Citigroup had identified fintech investment banking as an area for expansion, with Litz leading its efforts in this sector. In his new position at DC Advisory, Litz will contribute to fostering innovation and facilitating significant investment in the rapidly evolving fintech landscape.
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DC Advisory boasts a technology and software team consisting of 20 managing directors worldwide, supported by a broader team of 70 bankers.
Over the past two years, the bank has made 26 senior hires, further enriching its talent pool.
Richard Madden, the UK chief executive of DC Advisory, emphasized the transformative impact of fintech on their clients and expressed enthusiasm about Litz’s appointment, emphasizing the potential for innovation and substantial investment in the industry.
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