The new figure will be responsible for strengthening Barclays’ cross-border corporate and investment banking platform in China.
Barclays has named Angela Liu as country chief executive for China.
Liu will report to Jaideep Khanna, head of Barclays, Asia-Pacific, the UK-listed lender said in a statement. She will be responsible for strengthening Barclays’ cross-border corporate and investment banking platform in China.
Liu will lead Barclays’ China growth initiatives across all product lines in global markets, investment banking and corporate banking, in partnership with the bank’s regional heads of the CIB. She will also work with Grace Kuo, Barclays’ Shanghai branch manager.
With almost two decades in the banking industry, Liu was recently at Deutsche Bank as head of institutional client group, China and Hong Kong, where she led client coverage and distribution across its entire product spectrum. Prior to that, Liu worked at Morgan Stanley for more than 17 years in New York and Hong Kong. She also served as chairman of the board for Morgan Stanley Bank International (China). Liu graduated Magna Cum Laude from Columbia University with a bachelor's and master's degree in applied mathematics.
“China presents a big opportunity for growth in Asia-Pacific,” Jaideep Khanna, head of Barclays, Asia-Pacific, said.
Among recent private banking hires, in July the lender appointed Evonne Tan as head of Barclays Private Bank, Singapore. The move suggested that the UK firm, which spun off its private bank in Asia a few years ago, has decided to return to the game in the region.