Barclays expands its wealth and investment management capabilities in the Gulf Region

Press release
Published September 12th, 2012 - 08:18 GMT

Barclays Bank announced today that it is continuing the strategic expansion of its wealth and investment management capabilities in the MENA region with the appointment of Sandip Aggarwal as Director, Private Banker, focusing on the Gulf market. 

Sandip will be responsible for providing financial advice to HNWIs and UNWIs in the region, as well as supporting clients in accessing the breadth of wealth and investment management services and financial products. 

Rory Gilbert, Managing Director and Head of Middle East and North Africa for Wealth and Investment Management, Barclays, said: “With our latest appointments, we are enhancing our focus on the entire MENA region by placing dedicated private bankers in specific markets. We continue to expand the team to offer tailored services to meet growing client demand for financial expertise and advice.” 

He added: “We are delighted to welcome Sandip to our team in the Gulf; his expertise will add another dimension to our highly capable team in order to better serve our clients. We are committed to the MENA region and strive to hire and retain talent of the highest calibre to offer best-in-class services that exceed client expectations.” 

Prior to joining Barclays, Sandip has held senior positions in global financial institutions including HSBC Private Bank, Citi Private Bank, and ANZ Grindlays. He has vast experience in the realm of portfolio management, with a particular focus on complex credit solutions, trust structuring and UNHNW multi-asset investment mandates. Sandip holds an MBA in Finance from Indiana University. 

Background Information

Barclays Corporate

With a strong focus on client relationship, Barclays Corporate provides integrated banking solutions to more than 100,000 businesses and organisations with an annual turnover of more than £5m around the globe.

Its clients are served via a network of relationship, industry sector and product specialist managers, who provide local access to tailored solutions constructed from a comprehensive range of products, services and expertise. These include: lending, risk management, trade, cash and liquidity management, and specialist asset and sales financing.

Additionally, clients are offered access to the products and expertise of other businesses in the Group, particularly investment banking through Barclays Capital and private wealth management through Barclays Wealth.

Barclays Corporate employs 13,000 globally.

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