Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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 Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter