Business

Citi Recruits Ryan Beaupré to Bolster Consumer and Retail Banking

Citigroup is aggressively expanding its consumer and retail investment banking division, appointing former UBS managing director Ryan Beaupré to lead coverage across food distribution, drug retail, and convenience sectors. This move follows a broader strategy to solidify the firm’s market influence through high-profile talent acquisitions and key deal-making roles.

Citi Recruits Ryan Beaupré to Bolster Consumer and Retail Banking

Beaupré will relocate to the New York office this September, reporting directly to Stacia Ryan, the bank’s head of consumer and retail. His arrival marks a significant departure from his previous role at UBS, where he managed consumer and retail verticals since 2023, following a decade-long tenure at Credit Suisse. Stacia Ryan emphasized that the hire leverages Beaupré’s extensive history in advisory and capital markets to capture greater market share.

The appointment coincides with the recent arrival of Andrew Conway, who joined Citigroup this week as global chair of consumer and retail investment banking. These additions signal an intent to capitalize on the firm’s recent momentum, highlighted by its advisory role on the $65 billion deal involving McCormick’s acquisition of Unilever’s food business. By securing veteran leadership, the institution aims to deepen its footprint in a competitive landscape defined by large-scale consumer transactions.

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