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MOVES-Barclays vice chairman of banking Matthew Ponsonby to retire - memo

Fri, 20th Jan 2017 10:37

LONDON, Jan 20 (Reuters) - Barclays vice chairmanof banking, Matthew Ponsonby will retire from the British bankat the end of January, according to a memo seen by Reuters onFriday.

Ponsonby, who joined Barclays from Citigroup in 2009 asco-head of European mergers and acquisitions (M&A), played a keyrole in building out Barclays' banking franchise in Europe, theMiddle East and Africa (EMEA), having held a variety or rolesduring his eight years at the bank.

He was appointed chief operating officer (COO) of Banking,EMEA in 2013 and co-global COO of banking in 2014 beforeassuming the role of vice chairman in May 2015.

"His breadth of experience and effective leadership haveplayed a crucial role in driving the strategy of the bankingbusiness, against a backdrop of significant internal andexternal change," John Mahon, head of banking EMEAPAC said inthe memo.

A Barclays spokesman in London confirmed the contents of thememo.

(Reporting By Anjuli Davies, editing by Sophie Sassard)

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