Barclays said today that one of its most senior figures in the wealth and investment unit is leaving the business.

About a fortnight after Barclays’ Wealth and Investment Management business announced that its chief executive, Peter Horrell, was standing down at the end of this year, the UK firm has announced another top-level departure.

“Henry Fischel-Bock, head of Wealth Management UK and Europe at Barclays’ Wealth and Investment Management business has decided to step down from his role to pursue another opportunity outside the firm. We wish him well in the future,” the bank said in an emailed statement today. It gave no other details about Fischel-Bock’s future plans.

Barclays said it is actively recruiting for a successor and has appointed a management team to lead the business in the interim.

While recent financial results for the W&IM business have been relatively robust, the firm is seeking to bounce back from the damaging LIBOR-rigging scandal in which Barclays, along with a number of other banks, was embroiled. This led to the resignation in 2012 of its high-profile CEO, Bob Diamond.

Horrell’s announcement that he was to step down in December this year is understood to have come after Barclays restructured its business lines with the wealth part of the business folded into one of four units - the Personal and Corporate banking division. Consequently, the wealth business is no longer a separate business line, as used to be the case when the bank issued financial results.

Horrell was made interim CEO last May, taking up the role on a full time basis in the autumn. He had taken the reins from Tom Kalaris, who stepped down last year.

To view an article analysing how such moves leave the wealth business of Barclays in the future, click here.