Senior appointment: Tim Throsby
Barclays has appointed Tim Throsby as President of Barclays Corporate & International and Chief Executive of Barclays Corporate and Investment Bank.
Tim will join the Executive Committee of Barclays, reporting to Jes Staley, and is expected to take up his new role in January 2017, subject to regulatory approvals.
He joins Barclays from JP Morgan, where he is currently the Global Head of Equities. He has had an extensive career in banking and private equity, working for Credit Suisse and Macquarie before joining Goldman Sachs in 1995 as a Managing Director and Co-Head of Equity Derivatives Asia and Japan.
In 2002, he moved to Lehman Brothers to head the Asia and Japan Equities Division, before relocating to New York in 2004 to run the global equity derivatives business, convertibles and risk arbitrage. In 2005, he became President of Citadel Asia and Japan where he ran their Asian business, located in Hong Kong.
Announcing the appointment, Group CEO Jes Staley said: “Tim is an exceptionally talented and experienced professional, qualities he will bring to leading Barclays Corporate & International, and to our Corporate and Investment Bank, as we continue to pursue our strategy, complete our structural changes, and carry on providing world-class service to our customers and clients.”