Barclays Wealth hires top Citigroup executive for private banking
Michael Demirel, who will be based in London, will report to Gerard Aquilina, the firm’s Head of International Private Banking
Barclays Wealth has declared the appointment of Michael Demirel as a Managing Director and Head of Commercial Operations to its international private banking team.
Demirel joins the firm from Citigroup where he was most recently Head of the Private Bank and General Manager, Citibank (Switzerland) - the firm's wealth management business out of Geneva. Demirel, who will be based in London, will report to Gerard Aquilina, Barclays Wealth's Head of International Private Banking.
In his new role, Demirel will be responsible for driving the ongoing expansion of Barclays Wealth's international private banking business through the development and delivery of commercial strategy and dovetailing this with the wider Barclays Wealth business plan.
With overall responsibility for sales, business development and client relationship management, Demirel will manage the product, client and expansion strategies across the international private banking business. He will work closely with Barclays Wealth's Investment and Product Office and Barclays Capital to develop the product palette and ensure a seamless service for international private banking clients.
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