Leaving Citigroup for newer pastures, Trevor Rowe is to become chairman of investment banking at NM Rothschild & Sons (Australia).

Rowe has had a distinguished and notorious career in banking including several years in Asia with Salomon Brothers and the Arab Malaysian Development Bank and Private Investment Company of Asia.

At Rothschild he will be charged with forging high level relationships with the government and corporates in order to build the firm's investment banking profile.

"Trevor is one of Australia's leading senior investment bankers who is known and respected by the private sector, governments and his investment banking colleagues alike," says Tony Ferguson, head of investment banking at the bank in Sydney. "His decision to join us highlights our growing presence in Australia, as well as the success of our business model which is both independent and global."

Rowe's resume reads like a directory of associations and directorships. He is currently chancellor of Bond University, chairman of the Queensland Investment Corporation, chairman of United Group Limited and a director of the Australian Stock Exchange. He also serves as a member of the Commonwealth of Australia's Foreign Affairs Council.

In 2003 he was awarded the Commonwealth of Australia Centenary Medal, or "distinguished service to the finance industry".

But unlike many of his peers, Rowe has npt moved around, remaining a loyal player for most of his career. He established the Salomon Brothers' office in Australia in 1983 and then held numerous positions in the bank in Australia, Asia and New York. He was, most recently, chairman of investment banking in Australia for Citigroup Global Markets.