The head of Barclays’ wealth unit, Thomas Kalaris, has been
named executive chairman of the Americas, a newly created role.

Kalaris will retain his executive committee responsibilities as
Barclays’ chief executive of wealth and investment management
division after relocating to New York from London.

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Barclays said the new role is created to position the bank in
the changing industry environment of American businesses and
reflects its business and geographic diversification universal
banking model.

In a statement, Barclays said Kalaris will focus on presence in
the Americas in the new role, where there has been significant
growth in earnings and a broader and deeper investor base has been
developed in recent years.

Kalaris became a Barclays executive committee member in the
Americas in November 2009 and he chairs Barclays client committee
and co-chairs the Barclays America management team.

 

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