People Moves

Barclays Wealth Continues To Build Out Aberdeen Team

Wendy Spires Group Deputy Editor London 11 February 2011

Barclays Wealth Continues To Build Out Aberdeen Team

Barclays Wealth has added former Kleinwort Benson banker Chris Arbuthnott to its booming Aberdeen business, continuing a flurry of appointments in recent months.

While at Kleinwort, Arbuthnott established the private bank’s Edinburgh office, having earlier in his career worked for Arbuthnot Latham in London.

In his new role as vice president, private banking, Arbuthnott reports to Mark Flynn, head of the Aberdeen office.

Arbuthnott’s hire is the latest in a string of additions to Barclays Wealth’s Aberdeen office, which saw its business revenues double in 2010. In recent months the office has been bolstered with the addition of private bankers Jonathan King and Simon Lewis, and Ryan McDonald as financial planning regional director.

The firm, which currently employs some 1,800 staff in Scotland, has embarked on a £350 million (around $562 million) global investment programme over the next five years, 40 per cent of which is being invested in staff.

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