Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Barclays Wealth CEO Peter Horrell departs

Barclays Wealth CEO Peter Horrell departs

Peter Horrell, chief executive of Barclays Wealth and Investment Management, is leaving the bank.

He will depart the bank at the end of the year, after 23 years of service. Horrell (pictured) took the reins as chief executive at Barclays Wealth in September 2013 after having held the role in an interim basis since April that year, replacing former head Tom Kalaris. 

Horrell was previously head of intermediaries, international and direct business.

Ashok Vaswani, head of personal and corporate banking at Barclays, said: 'Pete Horrell, CEO of Barclays’ Wealth and Investment Management (W&IM) business has decided to step down from his role and will be leaving Barclays at the end of the year.

'Pete has had an exceptional career at Barclays over the last 23 years, and most recently he has overseen the creation and implementation of W&IM’s strategy, securing investment in the business from Barclays and positioning W&IM for long-term and sustainable growth.  It has made great progress on its transformation journey and the underlying business is robust and well positioned for the future.  

'Pete will continue to lead the business until his successor is appointed and the search is already underway.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Your Business: Cover Star Club

Profile: meet the man building Towry into an £11bn giant

Profile: meet the man building Towry into an £11bn giant

As a former engineer who worked on Hong Kong International Airport, Rob Devey is not afraid of taking on major projects

Wealth Manager on Twitter