Peter Horrell, CEO of Barclays Wealth and Investment Management, is set to step down from his position at the end of the year after a spell of 23 years at the firm.
However, Horrell will continue in his role until a replacement is found. He assumed the role of chief executive at Barclays Wealth in September last year replacing Tom Kalaris.
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Previously, Horrell served as head of intermediaries, international and direct business.
Ashok Vaswani, head of personal and corporate banking at Barclays, said: "Pete has had an exceptional career at Barclays over the last 23 years, and most recently he has overseen the creation and implementation of W&IM’s strategy, securing investment in the business from Barclays and positioning W&IM for long-term and sustainable growth. It has made great progress on its transformation journey and the underlying business is robust and well positioned for the future."
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