Barclays has appointed Steve Rickards as head of offshore funds, after 30 years with Barclays in corporate banking and international finance centres.
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In the new role, Rickards will be tasked with heading the creation and implementation of the bank’s offshore funds strategy.
He will report directly to Paul Savery, who holds the position of the managing director of personal and corporate banking in the Channel Islands.
Referring to Rickards appointment, Savery said: "Barclays’ funds segment has seen some terrific cross functional success over the past year or so.
"Specifically, the offshore business has worked hand in hand with the funds team in London to bring the very best of Barclays to our clients, and Steve has been a real catalyst to driving this relationship from a Guernsey perspective."
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By GlobalDataRickards has been leading the Guernsey Funds team for the past four years, where he was responsible for offering debt solutions for private equity as well as working with locally based fund administrators.
