Barclays

Barclays Wealth hires Deepak Malhotra within its Wealth Advisory business

Barclays Wealth, a leading global wealth manager, today announces the appointment of Deepak Malhotra as a Managing Director and Wealth Advisor within its Wealth Advisory business. Deepak will join the firm in January 2012 and will work closely with Jonathan Burt, Head of Key Clients, and Andrew Tailby-Faulkes who joined the firm earlier this year to advise clients including entrepreneurs, private business owners and family offices.

In his new role, Deepak will focus on advising existing clients and attracting new ones to Barclays Wealth. He will have a broad remit that will include advising entrepreneurs and their families, and in particular those with a South Asian family background, across the globe.

The Barclays Wealth Advisory business leads with advice focussing in particular on clients' estate planning needs where specific tax, trusts and insurance considerations are of particular importance. Whilst the full range of wealth structuring services across the globe is provided, where clients seek specific tax or legal opinions, Wealth Advisory partners with lawyers and accountants.

Prior to joining Barclays Wealth, Deepak worked for the past five years at Grant Thornton where he was responsible for providing holistic advice to wealthy families. Prior to this, he worked at Deloitte and is a Chartered Tax Adviser and Chartered Accountant.

Commenting on the appointment, Rob Withecombe said: "I have known Deepak for a number of years and he brings a great deal of knowledge and experience of supporting entrepreneurial clients - he is incredibly well connected and is seen as a leader in the South Asian advisory space. He is an important addition to the Wealth Advisory business and his appointment demonstrates our commitment to providing our entrepreneurial clients internationally with access to senior specialists who can give specific high-value advisory services."

For further information contact:

Louise Pancott, Barclays Wealth, Corporate Communications
+44 (0)20 3134 7303