The wealth and investment arm of Barclays is realigning the component parts of its wealth advisory business. Its corporate and employer solutions unit becomes part of the international, intermediaries and direct group, headed by Peter Horrell, this publication has learned.

The trusts, fiduciary risk and international wealth advisory units will form part of global research and investments (GR&I), headed by Robert Brown. 

Under the changes, Rob Withecombe, who has headed the wealth advisory business since 2009, will leave the UK-listed bank, this publication has learned. His future plans are unclear at this stage.  

The changes are designed to create what Barclays calls a “single centre of excellence” for its wealth-related services and products and improve service quality for clients.