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BARCLAYS'
ASIAN APPOINTMENTS
(4 October 2006)
Barclays
have made three major Asian appointments in the last month; Barclays
Global Retail and Commercial Banking has attracted Ahmed Khizer
Khan away from Citibank's Global Consumer Bank in Pakistan; Barclays
Wealth Management has appointment Bobby Kapur as a Director in Barclays
Private Banks Non Resident Indian (NRI) division. Mr Kapur
will be responsible for rich Non Resident Indians (NRIs) based in
the UK. Also to be based in London is Vinit Chandra, who has been
appointed by Barclays Global Retail and Commercial Banking (GRCB)
as Product Director, Treasury and Investments, for its business.
Vinit, 43, joins from Citigroup's Asia Consumer Bank.
BARCLAYS
APPOINTS AHMED KHIZER KHAN
Barclays
Global Retail and Commercial Banking has appointed Ahmed Khizer
Khan as Chief Executive New Markets for Barclays Global Retail and
Commercial Banking. Mr Khan joins Barclays from Citibank, where
he has worked across several emerging markets. He most recently
ran Citibank Global Consumer Bank in Pakistan.
In
his new role, Mr Khan will be based in Dubai, UAE with responsibility
for Barclays businesses in the growing markets of Egypt, UAE, France
and India. This grouping of markets forms the basis of New Markets
going forward.
Barclays,
which has clearly stated its intention to generate at least 50%
of its income from outside the UK, aims to be where the prospects
for growth are greatest, and this means that it is increasingly
looking to the world's growth economies. The appointment of Mr Khan
into this role is a demonstration of Barclays commitment to recruiting
top talent in order to enable it to accelerate its future growth.
BARCLAYS
WEALTH MANAGEMENT APPOINTS BOBBY KAPUR
Barclays
Wealth Management is pleased to announce the appointment of Bobby
Kapur as a Director in Barclays Private Banks Non Resident
Indian (NRI) division. Mr. Kapur joins Barclays from Merrill Lynch
where he has worked as a Senior Private Client Advisor in the NRI
market for the past two years. Prior to that, Mr. Kapur worked at
Morgan Stanley in Singapore as a Senior Private Banker, specialising
again in the NRI market.
Mr.
Kapur will have a key role in Barclays Wealth Managements
expanding Non Resident Indian team. He will specialise in dealing
with ultra high net worth families in Europe, the Middle East and
Asia. The Non Resident Indian team reports to Michael Morley, Managing
Director of Barclays International Private Bank. Mr. Kapur will
commence his new role in September 2006 and he will be based in
London.
Thomas
Kalaris, Chief Executive, Barclays Wealth Management said: I
am delighted to welcome Bobby to Barclays Wealth Management. Bobby
has an impressive track record in private banking and a strong investment
background. He brings with him an in-depth knowledge and understanding
of the Non Resident Indian marketplace which will be invaluable
in helping us look after our existing client base, as well as continuing
the expansion of our Non Resident Indian offering across Europe,
the Middle East and Asia a key growth market for our business.
Mr.
Kapur started his career in 1996 as an intern at Goldman Sachs.
He studied at the Kenan-Flagler Business School at The University
of North Carolina at Chapel Hill. He has an MBA in Finance.
BARCLAYS
APPOINTS VINIT CHANDRA
Barclays
PLC announces the appointment of Vinit Chandra as Product Director,
Treasury and Investments, for its Global Retail and Commercial Banking
(GRCB) business. Vinit, 43, joins from Citigroup's Asia Consumer
Bank where he was Asia Regional Treasurer and Head of Treasury Product
Sales for Asia based in Singapore. Prior to this he was Head of
Treasury Business Finance for Standard Chartered Bank Asia Pacific.
In
this new role Vinit will lead global capability development in treasury
and investment product design and delivery. Vinit will join the
GRCB Management Committee and report to GRCB Chief Executive, Frits
Seegers. Vinit joins Barclays on 23 October 2006 and will be based
in London.
Frits
Seegers, Chief Executive, Global Retail and Commercial Banking said:
I am delighted that Vinit Chandra is joining Barclays, he
has a proven track record of growing business across geographies
and has a deep expertise in treasury and investment products. At
Citibank he was responsible for managing the balance sheet across
10 Asian countries and protecting the business from market, foreign
exchange and rate risk. He introduced a wide range of structured
products across Asia in multiple asset classes. He is a great addition
to the top team and I am looking forward to working with him.
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