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Barclays Makes Senior Private Bank, Wealth Arm Appointments

Editorial staff

11 September 2025

has made two senior appointments within its Private Bank and Wealth Management (PBWM) UK and Crown Dependencies businesses.

Sid Azad (pictured below) will join Barclays as head of Mass Affluent and Growth to lead the unified Mass Affluent franchise and play a key role in shaping the overall growth strategy across the PBWM UK and Crown Dependencies area of business.
 

Azad has more than 20 years of global financial services experience, most recently as a partner at McKinsey & Company, where he co-led the European Wealth & Asset Management practice. He has advised banks, insurers, and wealth managers on digital transformation, growth strategy, and operating model redesign, in particular on tech-enabled innovation and scalable digital platforms.

In the Crown Dependencies, Nick May (pictured below) will take the helm from Paul Savery as head of Crown Dependencies. He will join the PBWM leadership team from November, after Savery retires. May, who rejoined Barclays in August 2024, is global head of Barclays fiduciaries business. He has gained international experience from senior roles at HSBC, including head of Europe and International and head of Channel Islands Private Banking.

“These changes reflect our continued investment in leadership that drives innovation,” Mo Syed, head of Private Bank and Wealth Management UK and Crown Dependencies, said. “I’m delighted to welcome Sid and Nick to the team, and confident that their experience and vision will help us deliver differentiated client experiences. I also want to extend my heartfelt thanks to Paul for his remarkable service and stewardship over the past four decades.”