SYDNEY, June 24 (Reuters) - Citigroup ( C/PN ) said on

Monday it has appointed David Bailey to head its Australian and

New Zealand debt capital markets business.

Bailey is currently the head of Citi's Cross Border Capital

Markets in New York where he oversees the origination and

execution of U.S. dollar securities for global borrowers and

some U.S. domestic clients.

He previously held a number of senior roles for Citi in

Australia, according to a statement.

Bailey will report locally to Citi's head of capital markets

and advisory Alex Cartel and regionally to Adrian Khoo and Ben

Ng in Hong Kong.

Citi's Australian and New Zealand business had previously

been led by Ollie Williams who left the bank in May.