Barclays’ wealth and investment business announced today it has appointed Peter Horrell as its chief executive, having held the role on an interim basis since 1 May this year.

Barclays’ wealth and investment business announced today it
has appointed Peter Horrell as its chief executive, having held the role on an
interim basis since 1 May this year.

Horrell reports to Antony Jenkins, CEO for the entire
UK-listed banking group, it said in a statement today.

“Over the last five months, Peter has built up a talented
leadership team and developed a clear vision for the W&IM business, which
offers wealth management and private banking services to clients and
intermediaries globally,” the Barclays statement said.

When he took on the role this year following the retirement
from the position of Tom Kalaris, Horrell was given the job exploring ways of
working more closely with the corporate and retail banks as a platform for
future growth.

The announcement follows a some high-level changes at the
wealth management operation. As reported exclusively by this publication last
week, Emmanuel Fievet and David Semaya, are leaving the firm. Fievet, who has
been head of wealth management UK
and Europe, has decided to leave Barclays
after five years in senior management roles. Henry Fischel-Bock replaces Fievet.
Semaya, meanwhile, departs after starting his career at Barclays in 2004,
leading and growing Barclays Global Investors Japan.

To view other recent changes at the bank, click here.