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Barclays Announces New Heads In Asia

By Aiko Tanaka
1 min read
Barclays Bank
Barclays Bank
In this article (5)

Barclays on Monday appoints a new Vice Chairman of Greater China Banking and Head of Technology in Banking for the Asia Pacific.

Carrie Chen has been appointed Vice Chairman of Greater China Banking while Sung-Min Chung has been appointed the new Head of Technology in Banking for the Asia Pacific at Barclays. Based in Hong Kong, Chen and Chung will be strengthening senior client coverage and meaningfully broaden Barclays’ client footprint in the region.

Both of these appointments are a clear demonstration of our continued focus and commitment to invest for growth in the region, said Vanessa Koo, Head of Banking for the Asia Pacific and Greater China at Barclays in a media statement on Monday.

Chen brings over 15 years of experience in investment banking in China. She joins Barclays from Morgan Stanley where she was a Managing Director in China coverage and has an impressive deal track record in both advisory and capital raising transactions for blue-chip clients across a wide range of sectors including FIG, Industrials and TMT. Before that, Chen was at Bank of America Merrill Lynch, Macquarie Group and McKinsey & Co.

Chung joins Barclays from iTutorGroup as Group Chief Financial Officer. Previously, Chung was Head of TMT for ZZ Capital International. Prior to that, he was a Director in TMT at Bank of America Merrill Lynch. His experience spans a wide spectrum within the technology space, specializing in cross-border M&A and capital market financings.

Questions & Answers

Q.

What roles have Carrie Chen and Sung-Min Chung been appointed to at Barclays?

A.

Carrie Chen is the new Vice Chairman of Greater China Banking. Sung-Min Chung is the new Head of Technology in Banking for the Asia Pacific.

Q.

Where will the newly appointed heads, Chen and Chung, be based for Barclays?

A.

Both Carrie Chen and Sung-Min Chung will be based in Hong Kong. Their roles are focused on the Asia Pacific region.

Q.

What is the stated purpose of these new appointments at Barclays?

A.

The appointments aim to strengthen senior client coverage and meaningfully broaden Barclays’ client footprint in the Asia Pacific region.

Q.

Which companies did Carrie Chen and Sung-Min Chung join Barclays from?

A.

Carrie Chen joins from Morgan Stanley, where she was a Managing Director. Sung-Min Chung joins from iTutorGroup, where he was Group Chief Financial Officer.

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