Citi has appointed a senior investment banker from Goldman Sachs to lead its healthcare coverage across Australia and New Zealand, reinforcing its ambitions to deepen its presence in one of the region’s most active dealmaking sectors.

Ben Bartholomaeus will take on the role of head of healthcare within Citi’s capital markets and advisory division, based in Sydney.

In this position, he will work with healthcare clients across Australasia, drawing on the bank’s global network, sector expertise, and execution capabilities to support mergers, acquisitions, and capital-raising activities.

He joins from Goldman Sachs, where he held a similar leadership role overseeing healthcare within the corporate advisory business for Australia and New Zealand.

During his tenure, he was involved in several high-profile transactions, including major investments and strategic stake sales across pharmaceuticals, clinical research, and hospital groups.

At Citi, Bartholomaeus will report to regional co-heads of capital markets and advisory, as well as the Asia-Pacific head of healthcare, reflecting the strategic importance of integrating local coverage with global sector leadership.

The appointment is expected to enhance coordination between regional clients and international capital markets.

The move comes as healthcare continues to attract strong investor interest across Australia and New Zealand, driven by demographic trends, technological innovation, and sustained demand for medical services.

The sector has seen significant activity in biopharma, medical technology, and life sciences, with both domestic and international investors seeking opportunities.

Citi has positioned itself as a leading advisor in healthcare investment banking globally, citing its role in major cross-border transactions and its consistent ranking at the top of league tables for mergers and acquisitions in the sector.

Strengthening its regional team is seen as a natural extension of this global platform.

The appointment also forms part of a broader effort by the bank to build out its advisory capabilities in Australasia, where competition among international banks for senior talent has intensified.

Recent hires across different divisions highlight a strategic focus on expanding coverage in key growth industries.

With a robust pipeline of potential transactions in the Asia-Pacific healthcare market, the addition of experienced leadership is expected to support Citi’s ability to capture new opportunities and deliver complex deals for clients across the region.