David Croft’s experience in banking stretches over 35 years, for the most part with Citigroup/Citibank but he has also worked for ING, American Express and Hong Kong Bank. His early training was in corporate finance, but his experience is predominantly investment banking, treasury and financial markets but with spells in private banking and fund management. He has held a number of senior management positions with Citibank/Citicorp including General Manager Citicorp Investment Bank Switzerland, Head of Public Sector Finance in North America, Managing Director Derivatives, Global Head of Emerging Market Equities, and Regional Treasurer Australia/New Zealand reflecting in part a successful track record of turning businesses around and building profits. He has served on the boards of ISDA, Citicorp Securities Inc. (US broker dealer), Citibank Australia Limited, and chaired the board of Citicorp International Securities Limited.
David has been engaged in over 60 cases and given oral evidence in several high value disputes, examples being: Grosvenor PFI Holdings v HMRC (2024 First Tier Tax Tribunal), Ennismore Fund Management v Fenris Consulting (2018, Grand Court Cayman Islands); acting for for various major banks re mis-selling of derivative products (instructed by Dentons, Reed Smith, Addleshaw Goddard, Hogan Lovells, DLA Piper); Thornbridge Limited v Barclays Bank PLC (2015, High Court); Alliance Bank JSC v Metropol (Cyprus) Ltd (2013, LCIA); Central Bank of Ecuador v Contincorp/Ortegas (2010, Supreme Court, Bahamas); Mr & Mrs O’Hare vs Coutts (2015 High Court of Justice Queens Bench Division, Mathew Arnold Baldwin); Fiona Trust & Holding Co vs Yuri Pavlov & Others (2016, High Court Queens Bench Division Commercial Court, Lax Law); Zeid vs Credit Suisse (2016, High Court, Queen’s Bench Division, Commercial Court Freshfields Bruckhaus Deringer); Deutsche Bank Group Services (UK) v Commissioners for HMRC (2010, Tax and Chancery Chamber).
David’s qualifications include a BSc (Physics) University College London, MBA London Business School, International Diploma Haute Ecole Commerciales, and a Diploma in E commerce.
