Barclays Wealth have named new
market heads for Singapore, Malaysia, Indonesia as well as six
additional senior bankers, signalling its concerted push into
Asia’s key markets.

Soh Chye Guan joins Barclays Wealth
as head of Singapore and Malaysia. Prior to joining Barclays
Wealth, Soh was senior market leader for Malaysia, and head of
senior client partner team at HSBC Private Bank in Singapore since
2009.

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Errie Maksum joins Barclays Wealth
as head of Indonesia from 23 August 2010. He will be responsible
for overseeing and managing the team of private bankers covering
the Indonesia market. For the past five years prior to joining
Barclays Wealth, Maksum was director and team leader for Indonesia
at Credit Suisse in Singapore.

 

Singapore, Indonesia and
South Asia additions

Barclays also appointed Rachel
Loong as a director in Singapore, Sisyanti Jonosisworo as vice
president in Indonesia, and Nilesh Thakkar and Arunabh Banerjee to
its South Asia teams.

“High net worth individuals in
Singapore, Malaysia, Indonesia, as well as high net worth
nonresident Indians continue to be our key client segments,” said
Barclays Wealth head of Southeast Asia and South Asia Srinivas
Siripurapu.

“We are committed to hiring the
right talent to capture the growth of high net worth wealth within
these markets,” he said.

 

CEO plans

Barclays Asia Pacific chief
executive Didier von Daeniken said the bank’s footprint in
Asia-Pacific continued to expand as the bank sought to further
capture growth in key markets.

The bank has private banking hubs in Singapore and Hong Kong, an
onshore presence in the India and recently agreed to a private
banking joint venture in Japan with Sumitomo Mitsui Banking
Corporation and Nikko Cordial Securities.