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.