Barclays

Barclays Wealth announces a raft of appointments to its UK and Ireland Private Banking business

Barclays Wealth, a leading global wealth manager and the UK's largest, has today announced a raft of appointments to the London & South-East division of its UK & Ireland Private Banking business. The firm has committed an additional £350m to a five-year investment programme, a third of which is ear-marked for doubling the number of client-facing bankers globally.

As part of a sustained recruitment drive over the course of the year, the London & South-East division has landed 14 new revenue producing hires in three months, meeting increased demand from an expanding client base.

The new hires join from a broad range of businesses, reflecting Barclays Wealth's appetite for recruitment beyond traditional routes. Whilst David Miller and Joseph Tuson have worked at Coutts, Mark Endacott joins from Drummonds Private Bank, Callum Petras worked at Fairfax I.S. plc and HSBC, Robert Shihata joins from Bank of America/Merrill Lynch and Nigel Helen from BNP Paribas, James Pickett comes to the team from Barclays Capital, Scott Phillips from Barclays Stockbrokers and Melanie Nolan from Barclays Premier.

Victoria Hoskins transfers across from investment management team to take on a client facing role, and Elizabeth Parker and Anne Louise Kilburn have graduated from the Barclays Wealth "Future Banker" scheme. The team has also sought further strength in depth by bringing in talent from outside finance, namely Tim Rigby, who was formerly a barrister, and James Lord, who makes the move from the recruitment industry.

The new hires join the teams headed by Ben Covey and Stuart Cummins, who have been tasked with increasing coverage in the region and to develop further the close working relationship with Barclays Corporate.

Commenting on the appointments, David Semaya, Head of UK & Ireland Private Bank at Barclays Wealth, said:

"We are entering an exciting period of growth as we seek to build on our position as the UK's number one wealth manager and to continue to set new benchmarks in client experience. The appointments we are announcing today are significant for a number of reasons: firstly, they are evidence of our commitment to increasing the productive capacity our business; secondly, they demonstrate the attractiveness of our employment proposition; and thirdly, they show our willingness to explore all avenues to bring on board the best talent."

For further information contact:

Will Bowen, Barclays Wealth, Corporate Communications
+44 (0) 20 3134 7744

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