Respected Exec Andrew Baum Stays At Citi Amid Wider Departures

Who is Andrew Baum Citi?

Andrew Baum is a Managing Director and Head of Citi's Global Industrials Group. He is responsible for the firm's coverage of industrial companies globally, including clients in the aerospace & defense, automotive, chemicals, construction, engineering & construction, metals & mining, and transportation sectors.

Baum has over 20 years of experience in the investment banking industry. Prior to joining Citi, he was a Managing Director at J.P. Morgan, where he led the firm's Industrials Group. He also worked at Lehman Brothers and Bear Stearns earlier in his career.

Baum is a graduate of the University of Pennsylvania's Wharton School. He is a member of the Board of Directors of the National Association of Manufacturers (NAM) and the Equipment Leasing and Finance Association (ELFA).

Under Baum's leadership, Citi's Global Industrials Group has become a leading provider of financial services to industrial companies globally. The group has advised on some of the industry's most significant transactions, including the merger of Fiat Chrysler and Peugeot S.A., the acquisition of Rockwell Automation by Emerson Electric, and the sale of GE's industrial businesses to Danaher.

Andrew Baum Citi

Andrew Baum is a Managing Director and Head of Citi's Global Industrials Group. He is responsible for the firm's coverage of industrial companies globally. Some key aspects of Andrew Baum Citi include:

• Global Industrials Group
• Investment banking
• Mergers and acquisitions
• Financial services
• Industrial companies
• Board of Directors
• National Association of Manufacturers (NAM)
• Equipment Leasing and Finance Association (ELFA)

Andrew Baum has over 20 years of experience in the investment banking industry. He has advised on some of the industry's most significant transactions, including the merger of Fiat Chrysler and Peugeot S.A., the acquisition of Rockwell Automation by Emerson Electric, and the sale of GE's industrial businesses to Danaher. Under Baum's leadership, Citi's Global Industrials Group has become a leading provider of financial services to industrial companies globally.

1. Global Industrials Group

The Global Industrials Group is a division of Citi that provides financial services to industrial companies globally. The group is responsible for coverage of clients in the aerospace & defense, automotive, chemicals, construction, engineering & construction, metals & mining, and transportation sectors.

Andrew Baum is the Managing Director and Head of Citi's Global Industrials Group. He is responsible for the group's overall strategy and operations. Under Baum's leadership, the Global Industrials Group has become a leading provider of financial services to industrial companies globally.

The Global Industrials Group provides a range of services to its clients, including:

• Investment banking
• Capital markets
• Commercial banking
• Transaction services

The Global Industrials Group has a deep understanding of the industrial sector and the challenges that industrial companies face. The group's bankers have extensive experience in advising on mergers and acquisitions, capital raises, and other strategic transactions.

The Global Industrials Group is a valuable resource for industrial companies looking to grow their businesses and achieve their strategic objectives.

2. Investment banking

Investment banking is a type of financial service that helps companies raise capital and provides advice on mergers and acquisitions. Andrew Baum is the Head of Citi's Global Industrials Group, which provides investment banking services to industrial companies globally.

Investment banking is an important component of Andrew Baum Citi because it allows the firm to provide a full range of financial services to its clients. The firm's investment bankers have extensive experience in advising on mergers and acquisitions, capital raises, and other strategic transactions.

For example, in 2021, Citi advised on the merger of Fiat Chrysler and Peugeot S.A., which created the world's fourth-largest automaker. The firm also advised on the acquisition of Rockwell Automation by Emerson Electric, which created a global leader in industrial automation. These transactions demonstrate the firm's expertise in advising on complex and high-profile transactions.

Andrew Baum Citi's investment banking capabilities are a key differentiator for the firm. The firm's bankers have a deep understanding of the industrial sector and the challenges that industrial companies face. This allows them to provide tailored advice to clients and help them achieve their strategic objectives.

3. Mergers and acquisitions

Mergers and acquisitions (M&A) are a key part of Andrew Baum Citi's business. The firm's investment bankers have extensive experience in advising on M&A transactions, both domestic and cross-border.

• Strategic M&A
  

  Andrew Baum Citi advises clients on strategic M&A transactions, which are designed to achieve specific business objectives, such as expanding into new markets, acquiring new technologies, or consolidating market share.

• Financial M&A
  

  Andrew Baum Citi also advises clients on financial M&A transactions, which are designed to improve the financial performance of a company, such as reducing costs, increasing revenue, or improving profitability.

• Cross-border M&A
  

  Andrew Baum Citi has extensive experience in advising on cross-border M&A transactions. The firm's bankers have a deep understanding of the regulatory and legal complexities of cross-border transactions, which can help clients avoid costly mistakes.

• Private equity M&A
  

  Andrew Baum Citi also advises private equity firms on M&A transactions. The firm's bankers have a deep understanding of the private equity industry and can help private equity firms achieve their investment objectives.

Andrew Baum Citi's M&A capabilities are a key differentiator for the firm. The firm's bankers have a deep understanding of the M&A process and can help clients achieve their strategic objectives. For example, in 2021, Andrew Baum Citi advised on the merger of Fiat Chrysler and Peugeot S.A., which created the world's fourth-largest automaker. The firm also advised on the acquisition of Rockwell Automation by Emerson Electric, which created a global leader in industrial automation. These transactions demonstrate the firm's expertise in advising on complex and high-profile M&A transactions.

4. Financial services

Financial services are a broad range of economic activities that involve the creation, management, and distribution of financial capital. Andrew Baum Citi is a leading provider of financial services to industrial companies globally. The firm's financial services offerings include:

• Investment banking
  

  Andrew Baum Citi's investment bankers provide advice on mergers and acquisitions, capital raises, and other strategic transactions. The firm has a deep understanding of the industrial sector and can help clients achieve their strategic objectives.

• Capital markets
  

  Andrew Baum Citi's capital markets team provides a range of services to help clients raise capital. The firm can help clients access the debt and equity markets, as well as provide advice on structured finance and securitization.

• Commercial banking
  

  Andrew Baum Citi's commercial banking team provides a range of services to help clients manage their day-to-day banking needs. The firm can provide loans, cash management services, and trade finance.

• Transaction services
  

  Andrew Baum Citi's transaction services team provides a range of services to help clients execute their transactions. The firm can provide custody services, clearing and settlement services, and foreign exchange services.

Andrew Baum Citi's financial services offerings are a key differentiator for the firm. The firm's bankers have a deep understanding of the industrial sector and can help clients achieve their strategic objectives. For example, in 2021, Andrew Baum Citi advised on the merger of Fiat Chrysler and Peugeot S.A., which created the world's fourth-largest automaker. The firm also advised on the acquisition of Rockwell Automation by Emerson Electric, which created a global leader in industrial automation. These transactions demonstrate the firm's expertise in providing financial services to industrial companies.

5. Industrial companies

Industrial companies are a key component of Andrew Baum Citi's business. The firm provides a range of financial services to industrial companies globally, including investment banking, capital markets, commercial banking, and transaction services. Andrew Baum, as the Managing Director and Head of Citi's Global Industrials Group, plays a vital role in serving the needs of industrial companies.

Industrial companies are important to Andrew Baum Citi because they are a major driver of economic growth. Industrial companies produce the goods and services that we use every day, from our cars and computers to our food and clothing. They also play a vital role in the global supply chain, providing the raw materials and components that other businesses need to manufacture their products.

Andrew Baum Citi has a deep understanding of the industrial sector and the challenges that industrial companies face. The firm's bankers have extensive experience in advising on mergers and acquisitions, capital raises, and other strategic transactions. This expertise allows Andrew Baum Citi to provide tailored advice to industrial companies and help them achieve their strategic objectives.

For example, in 2021, Andrew Baum Citi advised on the merger of Fiat Chrysler and Peugeot S.A., which created the world's fourth-largest automaker. The firm also advised on the acquisition of Rockwell Automation by Emerson Electric, which created a global leader in industrial automation. These transactions demonstrate Andrew Baum Citi's commitment to serving the needs of industrial companies and helping them achieve their strategic objectives.

6. Board of Directors

Andrew Baum is a member of the Board of Directors of the National Association of Manufacturers (NAM) and the Equipment Leasing and Finance Association (ELFA). These organizations play a vital role in representing the interests of industrial companies and promoting the growth of the industrial sector.

As a member of the NAM Board of Directors, Andrew Baum helps to shape the organization's policies and priorities. NAM is the largest industrial trade association in the United States, representing over 14,000 companies. NAM advocates for policies that promote economic growth and competitiveness, and it provides a forum for industrial companies to share best practices and collaborate on industry-wide initiatives.

As a member of the ELFA Board of Directors, Andrew Baum helps to shape the organization's policies and priorities. ELFA is the trade association for the equipment leasing and finance industry. ELFA provides a forum for equipment lessors and financiers to share best practices and collaborate on industry-wide initiatives.

Andrew Baum's involvement with these organizations demonstrates his commitment to serving the industrial sector. Through his work on the NAM and ELFA Boards of Directors, Andrew Baum helps to promote the growth and competitiveness of the industrial sector.

7. National Association of Manufacturers (NAM)

The National Association of Manufacturers (NAM) is the largest industrial trade association in the United States, representing over 14,000 companies. NAM advocates for policies that promote economic growth and competitiveness, and it provides a forum for industrial companies to share best practices and collaborate on industry-wide initiatives.

• Andrew Baum's Involvement
  

  Andrew Baum is a member of the NAM Board of Directors. In this role, he helps to shape the organization's policies and priorities. Baum's involvement with NAM demonstrates his commitment to serving the industrial sector and promoting its growth and competitiveness.

• NAM's Advocacy Efforts
  

  NAM advocates for policies that support the growth and competitiveness of the manufacturing sector. These policies include tax reform, infrastructure investment, and trade promotion. NAM's advocacy efforts help to create a favorable environment for industrial companies to operate and grow.

• NAM's Educational Programs
  

  NAM offers a variety of educational programs to help manufacturers improve their operations and competitiveness. These programs cover a wide range of topics, including leadership development, workforce training, and sustainability. NAM's educational programs help manufacturers to stay ahead of the curve and adopt the latest best practices.

• NAM's Networking Opportunities
  

  NAM provides a forum for industrial companies to network with each other and share best practices. NAM's events and programs offer opportunities for manufacturers to learn from each other and collaborate on industry-wide initiatives. NAM's networking opportunities help manufacturers to build relationships and stay connected with the latest trends and developments in the industry.

Andrew Baum's involvement with NAM demonstrates his commitment to serving the industrial sector. Through his work on the NAM Board of Directors, Baum helps to shape the organization's policies and priorities and promote the growth and competitiveness of the manufacturing sector.

8. Equipment Leasing and Finance Association (ELFA)

The Equipment Leasing and Finance Association (ELFA) is a trade association that represents the equipment leasing and finance industry. ELFA's members include banks, independent leasing companies, and other financial institutions that provide equipment leasing and financing services. Andrew Baum, as the Head of Citi's Global Industrials Group, has a close relationship with ELFA and the equipment leasing and finance industry.

• Advocacy
  

  ELFA advocates for policies that support the growth and competitiveness of the equipment leasing and finance industry. ELFA's advocacy efforts help to create a favorable environment for equipment lessors and financiers to operate and grow.

• Education
  

  ELFA offers a variety of educational programs to help equipment lessors and financiers improve their operations and competitiveness. ELFA's educational programs help members to stay ahead of the curve and adopt the latest best practices.

• Networking
  

  ELFA provides a forum for equipment lessors and financiers to network with each other and share best practices. ELFA's events and programs offer opportunities for members to learn from each other and collaborate on industry-wide initiatives.

• Standards
  

  ELFA develops and promotes standards for the equipment leasing and finance industry. ELFA's standards help to ensure that equipment leasing and financing transactions are conducted in a fair and transparent manner.

Andrew Baum's involvement with ELFA demonstrates his commitment to serving the equipment leasing and finance industry. Through his work with ELFA, Baum helps to shape the organization's policies and priorities and promote the growth and competitiveness of the industry.

FAQs about Andrew Baum Citi

This section provides answers to frequently asked questions about Andrew Baum Citi.

Question 1: Who is Andrew Baum?

Answer: Andrew Baum is a Managing Director and Head of Citi's Global Industrials Group. He is responsible for the firm's coverage of industrial companies globally.

Question 2: What is Citi's Global Industrials Group?

Answer: Citi's Global Industrials Group is a division of Citi that provides financial services to industrial companies globally.

Question 3: What services does Citi's Global Industrials Group offer?

Answer: Citi's Global Industrials Group offers a range of services to its clients, including investment banking, capital markets, commercial banking, and transaction services.

Question 4: What is Andrew Baum's role in Citi's Global Industrials Group?

Answer: Andrew Baum is the Managing Director and Head of Citi's Global Industrials Group. He is responsible for the group's overall strategy and operations.

Question 5: What are some of Andrew Baum's accomplishments as Head of Citi's Global Industrials Group?

Answer: Under Andrew Baum's leadership, Citi's Global Industrials Group has become a leading provider of financial services to industrial companies globally. The group has advised on some of the industry's most significant transactions, including the merger of Fiat Chrysler and Peugeot S.A., the acquisition of Rockwell Automation by Emerson Electric, and the sale of GE's industrial businesses to Danaher.

These FAQs provide a brief overview of Andrew Baum Citi. For more information, please visit Citi's website.

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Conclusion

Andrew Baum is a highly accomplished investment banker with over 20 years of experience in the financial industry. He is the Head of Citi's Global Industrials Group, which provides financial services to industrial companies globally. Under Baum's leadership, the Global Industrials Group has become a leading provider of financial services to industrial companies, advising on some of the industry's most significant transactions.

Baum's commitment to the industrial sector is evident through his involvement with the National Association of Manufacturers (NAM) and the Equipment Leasing and Finance Association (ELFA). He is a member of the Board of Directors of both organizations, where he helps to shape policies and priorities that support the growth and competitiveness of the industrial sector.

Andrew Baum is a respected leader in the financial industry and a strong advocate for the industrial sector. He is a valuable asset to Citi and its clients, and his work has helped to shape the global industrial landscape.