Thu, Apr 23, 2015

Business, Banking & Finance
Barclays makes key promotions

Barclays has promoted Makram Azar to Chairman of Banking for Europe, Middle East, and Africa (EMEA). 

In his expanded role, Makram will focus his efforts on strengthening senior client relations and collaborating with the senior management team in order to implement the strategy of Barclays across the EMEA region.

In order to further enhance the banking platform in the region, Barclays also promoted Sam Dean and Crispin Osborne to be Co-Heads of Banking, Investment Bank for the EMEA, filling a role that has been vacant for a year after its previous holder Richard Taylor took on global oversight of the business, according to an internal memo issued by the bank and published by Reuters.

"We are highly focused on driving returns across our entire banking franchise," the memo said. "We have made good progress in EMEA, but we need to take our business further forward. Deepening our client relationships in EMEA at the most senior levels, with additional intensity and focus, and ensuring our capital is fully aligned with our priority clients will be major objectives for the new leadership team." 

Azar had joined Barclays in 2010, and was most recently appointed chairman of all of all Barclays’ businesses and activities in the Middle East and North Africa. He will maintain this role in addition to his new expanded mandate. 

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia.  

With over 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

© Al Hilal Group all rights reserved. Designed & Developed by North Star.