Barclays Wealth has appointed two new vice presidents to its Scottish team, continuing an aggressive expansion drive through which the firm plans to double the size of its wealth business in the country by 2012.

Eline Lofgren is joining the Glasgow-based portfolio management team, reporting to Alastair Mackenzie, regional investment director. She previously spent four years as an investment manager with Glasgow-based Speirs & Jeffrey Stockbrokers, a role in which he focused on portfolio construction, risk management and equity research.

Meanwhile, Sripad Gopala has joined Barclays Wealth’s private banking team in Aberdeen. He was latterly an advisor with St James’s Place Wealth Management, with responsibility for investments, pensions and protection. In his new position he will be working closely with Mark Flynn, also vice president, to help grow the firm’s business across the northeast. 

Earlier this year Barclays Wealth set out plans to substantially grow its operations in Scotland through measures such as a raft of new appointments; when the plans were announced, it was said an additional 10 to 15 staff would be hired over a one-year period.