Hot on the heels of a number of high-profile departures at Barclays Wealth, another senior figure is now leaving the firm.

Hot on the heels of a number of high-profile departures at the wealth arm of Barclays, another senior figure is now leaving the firm.

Barclays said in a statement that head of global investments and solutions Rory Tobin was stepping down to return to institutional banking.

“Rory Tobin, head of global investments and solutions at Barclays’ Wealth and Investment Management (W&IM) business has decided to step down from Barclays and return to institutional asset management,” said from Ashok Vaswani, head of personal and corporate banking

Barclays said that a search for his successor to lead the global solutions and investments business, which Tobin has headed since last year, was underway.

Tobin joined Barclays Global investors in 2004 to run its global index and markets group in Europe, which he led until switching to become chief executive iShares Europe in 2007. He took responsibility for iShares International in December 2009 and then moved to BlackRock after it was acquired by Barclays global investors in December 2009, before leaving in 2010.

He later rejoined Barclays in 2012, this time in its wealth management division to help to review group’s asset management capabilities across the business.

Tobin’s departure is the latest in a series of high-profile exits that have hit Barclays.

Earlier this month, Henry Fischel-Bock, one of the most senior figures at Barclays’ wealth management business, announced his resignation to join Switzerland’s Lombard Odier at the start of next year as head of its domestic European private client business.

At Barclays, Fischel-Bock led the UK & European wealth management business until this month. In his new role Fischel-Bock will report to Frédéric Rochat, managing partner of Lombard Odier.

Peter Horrell, chief executive of the wealth and investment part of Barclays, is also leaving at the end of this year

Horrell’s announcement that he was to step down in December this year is understood to have come after Barclays restructured its business lines with the wealth part of the business folded into one of four units - the personal and corporate banking division. Consequently, the wealth business is no longer a separate business line, as used to be the case when the bank issued financial results.

Horrell was made interim CEO last May, taking up the role on a full time basis in the autumn. He had taken the reins from Tom Kalaris, who stepped down last year.