Mr. Michael Parker was born in Scotland in 1956 and went to school at Winchester College and has an M.A. in Politics, Philosophy and Economics from Magdalen College, Oxford University, graduating in 1977. In 1996 he attended the Stanford Executive Program at Stanford University Palo Alto.
Michael Parker is the Global Industry Head for the Shipping, Logistics and Offshore industries of Citigroup (since 1997) and is also a Vice Chairman of Corporate & Investment Banking (EMEA) and co-head of the CIB Industrials sector in EMEA. In April 2016 Michael was also appointed Chairman Corporate Banking EMEA.
He joined Citibank in 1977. In various relationship management roles between 1977 and 1985 he looked after clients’ international business in the U.K. construction industry and Citi’s relationships with a number of large international oil and mining companies.
In October 1985 he joined Citibank’s Shipping Division in London with specific responsibility for remedial management and in early 1989 he took over as Head of Northern Europe Shipping. In January 1997 he was appointed Global Industry Head with responsibility for Citibank’s business world-wide managed through its shipping centres in London and Piraeus, New York, Tokyo and Hong Kong at the time the youngest Industry Head in Citibank. In July 2007 he was appointed Corporate Banking Division Executive for the UK and Northern Europe and became Joint Head for the UK Banking and Broking business in February 2009, assuming his Industrials roles in 2010.
During his near 30 years involvement with shipping finance Mr. Parker has been a regular conference chairman, speaker or panellist. Under his leadership Citi receives recognised industry awards across the different areas of shipping finance and he was named Marine Money’s Dealmaker of the Year in 2012. Mr. Parker chaired the London Committee of Intercargo for a number of years and is involved in UK maritime matters as they pertain to finance.