Plus a former IRO takes over CFO role at CMS Energy and new IROs in place at Hut 8 and NatWest Group
Citi has named its former chief of staff to CEO Jane Fraser as its new head of strategy, M&A and investor relations.
Margo Pilic will take up the newly-created position – formed from the combination of the bank’s IR and strategy functions – as former head of IR Jenn Landis becomes CFO of Citi’s markets business.
Pilic has served as Fraser’s chief of staff for the past five years and has worked in various roles at Citi for more than 20 years, starting her career in the bank’s institutional clients group as lead finance officer in Latin America, the global co-head of corporate e-solutions for the foreign exchange franchise and in the corporate reengineering group formed during the financial crisis.
‘For the past five years as my chief of staff, Margo has been at the center of all our firm has accomplished,’ says Fraser.
‘She has been a key thought partner for me on our strategy refresh, our reorganization and all the work we have done to transform our firm. In that role she has worked closely with Citi’s leadership, our board, clients, investors and regulators, bringing incisive judgment and execution drive. I could not have had a better partner by my side over the last five years.’
Over in Miami, Florida, energy infrastructure platform Hut 8 has announced it has brought in Mark Eidelman as its new head of investor relations and senior vice president of strategic finance.
Eidelman joins the firm from NextEra Energy, where he led the IR team for two years, prior to which he served as executive director of NextEra Energy Transmission’s M&A and joint ventures team. He also worked in JPMorgan Chase and Co’s corporate client banking and investment banking teams as an analyst for the power, utilities and renewables sector.
Speaking about the appointment, Asher Genoot, Hut 8’s CEO, says: ‘As we advance our power-first strategy, contracting institutional-grade infrastructure at scale and pursuing a corporate investment-grade rating, our priority is to deepen institutional sponsorship and lower our cost of capital over time.
‘That demands a leader who has operated at the highest levels of both infrastructure finance and institutional capital markets. Mark is that leader and his appointment reflects the strength of what we have built and the scale of what we intend to build.’
Eidelman adds: ‘Growing demand for power across AI and other energy-intensive technologies is reshaping infrastructure markets and creating new opportunities for differentiated platforms. I believe Hut 8 is uniquely positioned to continue to capitalize on this structural shift.’
Meanwhile in Ann Arbor, Michigan, Sri Maddipati has taken up the CFO’s chair at CMS Energy after spending more than six years in the company’s investor relations team.
After joining CMS Energy in 2024, Maddipati was elected as vice president, treasurer and investor relations in 2016, working with the IR function until 2024, when he took over as vice president of the firm’s electric supply division. Prior to joining CMS Energy, he worked as vice president in the financial institutions group at Goldman Sachs.
‘I’m honored to step into the role of CFO at CMS Energy,’ Maddipati writes on LinkedIn. ‘Excited about the opportunity to help lead in this space, and grateful to Garrick Rochow and the board of directors for their trust and confidence. I look forward to engaging with our investors as we continue to move CMS forward. I’d also like to thank Rejji Hayes for his years of leadership, service and mentorship.’
Over in the UK, Claire Finnegan-Jones has taken up a new role as investor access manager at NatWest Group.
She joins after four years in various relationship management and account management roles at OpenExchange. Prior to that, Finnegan-Jones worked as global head of corporate access at Dankse Bank and head of corporate access at Carnegie Investment Bank.
Announcing the change on LinkedIn, she writes: ‘I am delighted to have started my new role as investor access manager, investor relations at NatWest Group.
‘Thankful for the encouragement I’ve received moving into this role and grateful for the warm welcome and support from the team.’
