Alberto J. Verme is Co-Head of Global Investment Banking and a member of Citi’s Management and Operating Committees.
Since Mr. Verme’s appointment to his current position in March 2004, Citi has attained investment banking leadership across key regions, products and sectors. Recent transactions led by Mr. Verme include Endesa’s defense against unsolicited offers, ConocoPhillips’ acquisition of Burlington Resources, Gazprom’s acquisition of Sibneft and Sacyr Vallehermoso’s acquisition of a stake in Repsol YPF.
Prior to his appointment to his current position, Mr. Verme was Head of Global Energy, Power and Chemicals Investment Banking from 2001. During his tenure, the franchise achieved world leadership and executed a number of marquee transactions including the Conoco-Phillips merger, the Sibneft-Yukos merger and several key restructurings.
Mr. Verme joined Salomon Brothers in 1994 and worked as Head and later Chairman of Citi’s Latin America Investment Banking Group through May 2001. During that time, he built the leading Latin America banking team, recognized with the IFR 2000 Latin America Bank of the Year award. Under his leadership, the group pioneered a number of groundbreaking transactions such as the YPF employee share offering and subsequent sale to Repsol, the privatization of Brazil's Telebras and the Telmex spin-off of America Movil.
Mr. Verme’s experience in Latin America has since been expanded into a truly global expertise, with client and transaction experience spanning every continent. Cemex’s recent acquisition of RMC (Europe) and proposed acquisition of Rinker (Australia) demonstrates his abilities to support local players in their development into global champions and his consistent dedication to his clients, in this case for over 10 years.
Prior to 1994, he worked for Metallgesellschaft AG as President of MG Global Capital in London. From 1983 to 1992, he worked for The First Boston Corporation, where he served as Director and Head of Spain (1990-1992) and Co-Head of Emerging Markets (1988-1990).
A Peruvian national, he received a B.A. in Economics from Denison University in 1979 and an M.B.A. from Columbia Business School in 1984. He began his career at The World Bank in 1979.
He is a member of the Columbia Business School London Advisory Board.
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