PRESS RELEASE: BARCLAYS WEALTH HIRES HEAD OF ULTRA HIGH NET WORTH, UK & EMEA

14th Jul 2010 16:33

14 JULY 2010 BARCLAYS WEALTH HIRES HEAD OF ULTRA HIGH NET WORTH, UK & EMEA Barclays Wealth, a leading global wealth manager, today announced the appointment of Stefanie Drews as Managing Director, Head of Ultra High Net Worth, UK & EMEA. Stefanie will be responsible for continuing the build-out of the Ultra High Net Worth (UHNW) team, which works across the Barclays Corporate, Investment Banking and Wealth Management business to offer bespoke banking and investment solutions for UHNW clients. Commenting on the appointment, Thomas L. Kalaris, CEO of Barclays Wealth, said: "This is a very significant appointment, particularly in the context of our growth plans over the course of the next five years. Our aim is to position Barclays Wealth as the provider of choice for the UHNW client group and, in Stefanie, we have a world class practitioner with the talent and expertise to build this business." Stefanie joins from Morgan Stanley Wealth Management, where she has spent the last 13 years, most recently as a Managing Director in the EMEA region. She will report jointly to David Semaya, Head of UK & Ireland Private Banking and Emmanuel Fievet, Head of International Private Banking, EMEA. ENDS For further information contact: Will Bowen, Corporate Communications, +44 20 7114 8434, [email protected] Lucy Davidson, Corporate Communications, +44 20 7114 8947, [email protected] About Barclays Wealth Barclays Wealth is a leading global wealth manager, and the UK's largest, with total client assets of £151.2bn, as at 31 December 2009. With offices in over 20 countries, Barclays Wealth focuses on private and intermediary clients worldwide, providing international and private banking, investment management, fiduciary services and brokerage. Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 144,000 people. Barclays moves, lends, invests and protects money for over 48 million customers and clients worldwide. For further information about Barclays Wealth, please visit our website www.barclayswealth.com. (END) Dow Jones Newswires July 14, 2010 11:33 ET (15:33 GMT)