Barclays Announces New Heads In Asia

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.