Barclays wealth appoints Mitch Cox as head of its global investment and product office and to lead its activities in the Americas

Published July 22nd, 2009 - 02:53 GMT

Barclays wealth appoints Mitch Cox as head of its global investment and product office and to lead its activities in the Americas

Barclays Wealth, the global wealth manager and advisor, is pleased to announce the appointment of Mitch Cox as Managing Director and Head of the Global Investment & Product Office (I&PO).  Recognising the significant international reach of Barclays Wealth and the growing importance of its Americas business, Mitch will be based in New York and will also assume responsibility for leading all of Barclays Wealth’s business activities in the Americas.  He will report directly to Thomas L. Kalaris, Chief Executive, Barclays Wealth.

Mitch joins from Merrill Lynch Global Wealth Management, where he most recently headed up the Global Investment Solutions Group, having previously run its Global Private Client Market Investment & Origination and Structured Products Origination and Sales divisions – all at Managing Director level.  Prior to joining Merrill Lynch in 1997, Mitch worked in the Private Bank of the Bankers Trust Company where he was responsible for delivering derivative and hedge fund business.  Previous to that he was an attorney at Skadden Arps.

Mr. Kalaris said: “Barclays is poised to become one of the world’s premier wealth managers and advisors. Mitch has an excellent track record in building and managing private client businesses throughout his 20-year career.  With his joining comes the potential for us to fundamentally shift our investment and product capabilities in terms of scale, portfolio construction and distribution.  We have also been very clear about our commitment to building a leading wealth management business in the Americas, and Mitch will be responsible for developing a best-in-class infrastructure and investment platform to power it, to attract the best financial advisors and to further our franchise in serving high net worth clients.”

With Mitch’s appointment to Barclays Wealth, Kevin Lecocq will remain in the role of Global Chief Investment Officer (CIO), now reporting to Mitch.  In addition, Jack Petersen, Head of Barclays Wealth Americas, and Ian Lowitt, Chief Operating Officer, Barclays Wealth Americas, will also report to Mitch.

Mr. Kalaris further comments: “With the addition of Mitch to our senior team, we now have the breadth of talent in place to achieve the next stage of our growth ambitions."


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