Chan will take over his new role on 16 August 2012 and will report to Pakorn Boonya-kurkul, head of wealth management, North Asia.

Previously, Chan had worked at Goldman Sachs where he was executive director, managing a team of bankers responsible for serving Hong Kong ultra high net worth clients.

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At Goldman Sachs he spent 16 years and managed the UHNW client relationships that require complex private and business wealth management needs.

Boonya-kurkul remarked, "Hong Kong is a key market for us, alongside China and Taiwan, in our North Asia growth plans. Rickie’s responsibilities are to continue building our Hong Kong business and team at an even more aggressive pace and at the same time, work closely with the rest of the Barclays Group in delivering the full value of the firm to our Hong Kong clients."

Boonya-kurkul had joined Barclays in May 2011 and has led a push into North Asia.

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