Barclays Bank PLC announces the appointment of Bob Foresman as Managing Director, Head of Investment Banking and Investment Management, Russia and Country Manager for Barclays, Russia.

In this role, Mr Foresman will head Barclays Investment Banking and Investment Management businesses in Russia, as well as represent and coordinate the activities of the Barclays Group in the country. Mr Foresman will be based in Moscow, and report to Benoit de Vitry, Head of Global Markets-Trading, Europe and Head of Commodities and Emerging Markets at Barclays Capital. This appointment continues the build-out of Barclays Capital’s investment banking and advisory capabilities globally.

Mr Foresman joins the firm from Renaissance Capital, where he was Deputy Chairman. Prior to this, he was Chairman of the Management Committee for Russia and CIS for Dresdner Kleinwort Wasserstein and Head of Investment Banking for Russia for ING Barings. Throughout his career, Mr Foresman has been involved in some of the most significant and transformational mergers and acquisitions and equity capital markets transactions, particularly within the Russian energy sector.

“We are delighted with this key appointment for Barclays and proud to have the depth of experience that Bob brings for the benefit of our clients. His experience, organisational abilities and relationships will undoubtedly help establish Barclays as a premier banking franchise in Russia”, said Benoit de Vitry.

This appointment, together with the recently announced appointment of Nikolai Tsekhomsky as CEO for Barclays Global Retail and Commercial Banking business in Russia, demonstrates the commitment of the Barclays Group to the Russian market, as a key strategic growth opportunity.

Notes for Editors

For further information please contact:

Simon Eaton, Head of Corporate Communications, Barclays Capital
+44 203 134 2111.

About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide. For further information about Barclays, please visit our website www.barclays.com.