[SINGAPORE] Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business. The change was announced on Thursday (Jul 3).
Most recently, Satchwell was the Australia country chief executive officer and head of investment banking, Australia. For the new role, he will relocate to Singapore and lead the region’s debt and equity financing activities.
Meanwhile, Duncan Connellan will assume the role of head of investment banking, Australia, and David Henderson will be the chief executive of Barclays Australia, to succeed Satchwell’s previous roles.
Tay Ee-Ching has also been named Apac head of mergers and acquisitions (M&A), Apac, while continuing in her current role as head of investment banking, South-east Asia.
Next, Arun Saigal has been appointed as head of investment banking, India, expanding his remit in addition to his role as head of financing and M&A in India. In this expanded role, he will help strengthen the bank’s presence in this key growth market.
Lastly, Pramod Kumar will continue as the chief executive of Barclays India. He will also assume additional responsibility as vice-chairman, investment banking for Apac, subject to regulatory approval, to bring strategic oversight and leadership to the franchise in the region.
These appointments will take effect immediately.
Barclays in Apac is headed by Jaideep Khanna, who also leads the bank’s global markets business in the region. Its regional investment banking business is led by Avinash Thakur.
The bank also has a growing private bank business in Apac, with operations in both India and Singapore, headed by Nitin Singh.
