June 1 (Reuters) - Citigroup Inc (C.N) has hired former UBS Group AG (UBSG.S) banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its investment bank, according to an internal memo seen by Reuters on Thursday.
Ford has been working with Citi as an external senior advisor over the past year on power, utilities, and renewable energy matters, according to the memo from Michael Jamieson and Sandip Sen, the bank's global heads of natural resources and clean energy transition.
"Dan has made a material impact in deepening client relationships with a number of our corporate clients," Jamieson and Sen said.
A Citi spokesperson declined comment.
Over a 25-year career in banking, Ford has been mainly focused on the power and utilities sector. He previously headed up research coverage of such companies in North America at UBS, per the memo.
Notable energy deals that Citi has advised on this year include Vistra Corp's (VST.N) $3.43 billion acquisition of power generation firm Energy Harbor, as well as Chesapeake Energy Corp's (CHK.O) divestiture of some of its oil and gas production assets in South Texas.
Reporting by Anirban Sen and David French in New York, Editing by Nick Zieminski
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Anirban Sen is the Editor in Charge for U.S. M&A at Reuters in New York, where he leads the coverage of the biggest deals. After starting with Reuters in Bangalore in 2009, Anirban left in 2013 to work as a technology deals reporter in several leading business news outlets in India, including The Economic Times and Mint. Anirban rejoined Reuters in 2019 as Editor in Charge, Finance to lead a team of reporters, covering everything from investment banking to venture capital. Anirban holds a history degree from Jadavpur University and a post-graduate diploma in journalism from the Indian Institute of Journalism & New Media. Contact:+1 (646) 705 9409