Barclays vice chairman of banking Matthew Ponsonby to retire: memo
Reuters
Published Jan 20, 2017 05:44AM ET
Barclays vice chairman of banking Matthew Ponsonby to retire: memo
LONDON (Reuters) - Barclays (LON:BARC) vice chairman of banking, Matthew Ponsonby will retire from the British bank at the end of January, according to a memo seen by Reuters on Friday.
Ponsonby, who joined Barclays from Citigroup (NYSE:C) in 2009 as co-head of European mergers and acquisitions (M&A), played a key role in building out Barclays' banking franchise in Europe, the Middle East and Africa (EMEA), having held a variety or roles during his eight years at the bank.
He was appointed chief operating officer (COO) of Banking, EMEA in 2013 and co-global COO of banking in 2014 before assuming the role of vice chairman in May 2015.
"His breadth of experience and effective leadership have played a crucial role in driving the strategy of the banking business, against a backdrop of significant internal and external change," John Mahon, head of banking EMEAPAC said in the memo.
A Barclays spokesman in London confirmed the contents of the memo.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.