New appointment to SWIFT’s UK board caps Barclays most successful Sibos to date

3 October 2011

The appointment of Barclays Global Head of Cash Management to SWIFT’s UK board at this year’s Sibos event in Toronto capped off Barclays most successful year to date at the world’s largest transaction banking event.

Sibos 2011 was attended by the most senior Barclays delegation yet including Barclays Corporate CEO John Winter, and this year’s gathering also saw a record number of meetings and fringe events held by the bank with pipeline income generated far exceeding targets.

Barclays events held in and around the conference this year included the final in a global series of financial institutions symposiums, in which a large contingent of senior executives from banks across the globe were hosted in Toronto by Barclays Capital’s Canadian Chairman and former Canadian Minister of Finance and Ambassador to the US, Michael Wilson.

The appointment of Maurice Cleaves, Global Head of Cash Management, Barclays Corporate to SWIFT’s UK board was also a milestone in Barclays relationship with the global financial communications provider and Sibos organiser.

Matt Tuck, Head of Financial Institutions, Barclays Corporate, who led Barclays Sibos delegation this year, said the event was an ideal opportunity to reinforce the growth ambitions the bank has in the transaction banking space, and the major investment being made in order to fulfil this ambition.

“With the recent appointment of industry heavyweights including Maurice Cleaves, and Kah Chye Tan as Global Head of Trade Finance and Working Capital, plus the roll-out of a range of new product developments, this Sibos was a very positive experience for the Barclays delegation as we were able to deliver a strong growth message to our FI clients.”

Tuck was also appointed this year as part of the global development of the bank’s financial institutions team.

“With global market volatility and the impact of regulation in various jurisdictions the focus going into this year’s event, it was refreshing to see clients looking past current economic gloom to opportunities for future partnerships and growth as a result of a global economy that is increasingly and inevitably becoming more interdependent,” Tuck concluded.

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