Barclays

Twelve Director-level appointments made across Singapore and Hong Kong

Barclays Wealth, the global wealth management division of Barclays PLC, announces 12 Director-level senior appointments for the private banking business in Singapore and Hong Kong, in a further demonstration of its continual growth in its key target markets across Asia.

Didier von Daeniken, Chief Executive of Barclays Wealth Asia Pacific, said, "I am pleased to see that today Barclays Wealth in Asia is a melting pot of experienced and talented professionals as we continue to hire senior bankers, capturing growth in our key target markets in Asia. Concurrently, we continue to add depth to our advisory and investment solutions capabilities, reinforcing our commitment to providing best in class advice to our ultra high and high net worth clients."

The 12 Director-level senior appointments made by Barclays Wealth in Asia within the first quarter of 2011, are as follows:-

Singapore

Mr. Benjamin Yeo was appointed Director, Head of Research, Economics and Strategy, Asia, on 3 January 2011, responsible for managing the Research, Economics and Strategy teams across Asia Pacific. Mr. Yeo was previously from Bank of Singapore, where he was Head of Equity Research. He has over 20 years of financial services experience.

Ms. Eddie Tan was appointed Director, Private Banker, Singapore/Malaysia Team, on 7 February 2011. She joined from JPMorgan Private Bank, where she served ultra high net worth clients in Southeast Asia. She has close to 20 years of financial services experience. Mr. Lim Ming How was appointed Director, Private Banker, Singapore/Malaysia Team, on 18 February 2011. He joined from Credit Suisse Private Bank, and he has more than 10 years of private banking and wealth management experience.

Mr. Kirk Tan was appointed Director, Credit Structuring, on 21 February 2011, responsible for structuring credit solutions for ultra high and high net worth clients. He joined from Citi Private Bank, where he was responsible for credit risk management as well as credit product program development. He has 20 years of experience in private banking credit structuring and corporate banking.

Mr. Amrit Uppal was appointed Director, Private Banker, South Asia Team, on 28 February 2011. He joined from Credit Suisse in UK, and has 12 years of private banking experience.

Mr. Nakul Beri was appointed Director, Private Banker, South Asia Team, on 1 March 2011. He joined from Barclays Wealth in India, where he has been serving Indian high net worth clients for the past three years. He has more than 15 years of financial services experience across private banking, investment banking and corporate banking.

Ms. Sara Mi was appointed Director, Active Advisory, Southeast Asia, on 1 March 2011, responsible for providing investment-themed advisory solutions as well as short-term, tactical trade ideas across various asset classes to ultra high and high net worth clients across Southeast Asia. She joined from HSBC Private Bank, where she worked in a similar capacity. She has more than 20 years of financial services experience, including 12 years in various senior investment advisory roles.

Ms. Michelle Le Herissier was appointed Director, Head of Barclays Wealth Trustees (Singapore) Limited, on 15 March 2011. She joined from Cititrust in Singapore. In this new position, she will play a key role in Barclays Wealth’s trust company offering, which is an important component in the delivery of a full wealth advisory service to our Asian clients. She has a total of 17 years of experience in trust administration, across various financial institutions.

Mr. Mustafa Mahmood will join Barclays Wealth as Director, Private Banker, South Asia Team, on 29 March 2011. He was previously Director, Private Investor Product Group at Goldman Sachs in Singapore. He has close to 20 years of investment banking experience.

Hong Kong

Ms. Barbara Yenson was appointed Director, Private Banker, Hong Kong Team, on 3 January 2011. She joined from RBS Coutts, and has close to 25 years of banking experience, of which the last 20 were in private banking roles across various financial institutions.

Ms. Sonia Lee was appointed Director, Active Advisory, North Asia, on 6 January 2011, responsible for providing investment-themed advisory solutions as well as short-term, tactical trade ideas across various asset classes to ultra high and high net worth clients across Greater China. She joined from Natixis Asia, and she has more than 20 years of financial services experience.

Ms. Joanna Ho was appointed Director, Head of Wealth Advisory, North Asia, on 14 March 2011, responsible for overseeing the provision of trust structuring and wealth advisory services to ultra high and high net worth clients in North Asia. She joined from HSBC Private Bank, where she was responsible for wealth structuring solutions for high net worth individuals in Greater China. She has 17 years of wealth advisory experience.

Barclays Wealth is fully committed to Asia, through expanding its regional footprint, pushing platform improvements, transforming the client experience, and above all attracting top talent.

In November 2010, Barclays Wealth set up a booking centre in Hong Kong - its second in Asia, after Singapore. In June 2010, Barclays Wealth obtained the license from the Monetary Authority of Singapore to conduct trust business in Singapore, and to provide a regulated platform for global clients seeking trust services out of Singapore. Barclays Wealth is now one of a few private banks in Asia to have booking centres as well as a trust offering in the two major financial hubs and wealth management centres of Hong Kong and Singapore.

In July 2010, Barclays Wealth established a private banking joint venture in Japan with Sumitomo Mitsui Banking Corporation and Nikko Cordial Securities Inc. to provide wealth management services to high net worth individuals in Japan.

For further information contact:

Gan Lee Meng, Barclays Wealth, Corporate Communications
+65 6308 3772

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