The appointment of Barclays’ global head of cash management to SWIFT’s UK board at this year’s Sibos event in Toronto capped off Barclays most successful year to date at the world’s largest transaction banking event, according to the bank. The appointment of Maurice Cleaves was also a milestone in Barclays relationship with the global financial communications provider.
Sibos 2011 was attended by the most senior Barclays delegation yet including Barclays Corporate chief executive officer (CEO) John Winter, and this year’s gathering also saw a record number of meetings and fringe events held by the bank with pipeline income generated far exceeding targets.
Matt Tuck, head of financial institutions (FIs), Barclays Corporate, who led Barclays Sibos delegation this year, said the event was an ideal opportunity to reinforce the growth ambitions the bank has in the transaction banking space, and the major investment being made in order to fulfil this ambition. “With the recent appointment of industry heavyweights including Maurice Cleaves and Kah Chye Tan, as global head of trade finance and working capital, plus the roll-out of a range of new product developments, this Sibos was a very positive experience for the Barclays delegation as we were able to deliver a strong growth message to our FI clients.”
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