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MOVES-Barclays names director for Islamic products -source

Tue, 22nd Feb 2011 13:32

DUBAI, Feb 22 (Reuters) - British lender Barclays Bank has appointed Domi
nic Selwood as a director responsible for its Islamic products services, a source familiar with the matter told Reuters on Tuesday.

Selwood, who has previously held positions in Deutsche Bank and BMG Group, joins Barclays as a director in the Financial Institutional Structuring Group (FISG) and is currently based in London.

The structuring of Sharia-compliant financing products will fall under the FISG.

The move follows the departure in January of Harris Irfan who headed global Islamic finance operations for the bank as it refocusses its attention to core businesses.

Selwood is not a direct replacement for Irfan, the source said.

(Reporting by Shaheen Pasha; Writing by Rachna Uppal; Editing by Amran Abocar) Keywords: BARCLAYS ISLAMIC/

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