People Moves
New COO At Barclays International
The new COO has been at Barclays for 14 years in various roles at the bank.
Barclays has
appointed Steven Penketh as chief operating officer of Barclays
International, the business that houses private banking
and overseas services.
He reports to Paul Compton, COO of Barclays and Tim Throsby,
chief executive of Barclays International. He
replaced Mike Bagguley, who retired from the bank, a
spokesperson told this publication.
Penketh, who joined Barclays in 2004, worked in
structured products and then in the financial institutions group
in the investment bank.
He also led the group’s capital markets execution within Treasury
for six years, and was appointed head of the group
structural reform programme (SRP) in 2016.
In February, this publication
interviewed the head of the private bank and overseas
services at Barclays, Karen Frank, who said that the operation’s
growth is ahead of plan.
