Mr Valvo will be responsible for originating, structuring and managing credit transactions for high net worth and ultra high net worth individuals and further developing the firm’s structured lending capabilities in the region.
He will report locally to Paul Morton, managing director and head of business strategy and platforms for Barclays Wealth in the Americas and globally to Torben Nielsen, managing director and head of global banking and credit solutions for Barclays Wealth.
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Mr Valvo joins from Citigroup global wealth management, where he spent more than a decade, most recently as a senior credit officer managing structured lending for the high net worth business in the Mid-Atlantic and the business finance segment nationally. Previously, he held positions focusing on risk management and asset recovery.
Mr Valvo said: I am excited to be joining Barclays Wealth as it continues to build in the Americas. I look forward to utilizing my credit and product expertise to help develop a best-in-class offering tailored to the needs of our clientele.
Mr Morton said: Mr Valvo’s hire is part of a larger initiative to build the Barclays Wealth banking platform for the Americas. We are delighted to have someone with Mr Valvo’s experience in this role.
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