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February 3, 2014updated 04 Apr 2017 2:32pm

Barclays appoints head of compliance

Barclays has appointed Mike Roemer as Group Head of Compliance.

By Verdict Staff

Barclays has appointed Mike Roemer as Group Head of Compliance.

Mr Roemer, who is currently Barclays’ Head of Internal Audit, will join the Executive Committee immediately and report directly to the Group Chief Executive, Antony Jenkins.

In his new role, Mr Roemer will be directly accountable to the Group Chief Executive for the performance of the compliance function against a framework of specific standards agreed by the Barclays PLC board.

He will also be accountable for ensuring that Barclays’ Purpose and Values underpin the conduct of all staff at all times, and that all their actions are consistent with the spirit and letter of the expectations of regulators and the law in the geographies where Barclays operates.

Under Mr Roemer’s leadership since 2012, Barclays Internal Audit has been re-engineered, enhancing control and quality assurance across the organisation, and streamlining reporting.

Antony Jenkins, group chief executive, Barclays, said: "Having a world-class Compliance function is vital to Barclays’ success. Mike Roemer will bring his extensive experience and strong leadership skills to Compliance, ensuring that Barclays maintains momentum in this crucial area."

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