News Releases

Barclays Capital, the investment banking division of Barclays PLC, is pleased to announce the appointment of Jitesh Gadhia, Marc Holtzman, Simon Hargreaves, Jason Rynbeck and Frank Hancock as Managing Directors in the Investment Banking Division.  They join from ABN AMRO, where they built a strong corporate advisory business focused on high growth markets in Asia, Central and Eastern Europe, and the Middle East, in addition to their successful franchise in the developed markets.  They will report into John Winter, Head of European Investment Banking & Debt Capital Markets.

Mr Winter said "This team has an excellent track record of building businesses and delivering for clients around the world. Barclays Capital maintains its long-held commitment to attract proven talent and continues to invest in its business in both good and challenging times. Today’s appointments significantly enhance our ability to advise our clients on corporate strategy, divestitures, and acquisitions, with particular focus on clients in high growth markets in Asia, Central and Eastern Europe, and the Middle East.  The team will utilize their advisory and execution expertise in these areas to leverage Barclays Capital’s extensive platform across credit, equities, fixed income, currencies and commodities and to accelerate the growth of our advisory-led activities with our corporate clients.”

• Mr Gadhia joins as Managing Director and Head of Advisory, based in London.  Mr Gadhia joins from ABN AMRO where he was Managing Director, Corporate Finance, advising a broad range of clients in new and developed markets.
• Marc Holtzman joins as Managing Director and Vice Chairman in Investment Banking, based in London.  He was previously a Vice Chairman of ABN AMRO.
• Simon Hargreaves joins as Managing Director and Head of Advisory for EMEA, based in London. He was previously Managing Director, Head of M&A, Central and Eastern Europe, the Middle East and Africa at ABN AMRO.
• Jason Rynbeck joins as Managing Director and Head of Advisory for Asia Pacific, based in Hong Kong. He was previously Managing Director, Corporate Finance, Asia at ABN AMRO.
• Frank Hancock joins as Managing Director and Head of Advisory for India, based in Mumbai. He was previously Managing Director, Head of M&A, India at ABN AMRO.

Asia, Central and Eastern Europe, and the Middle East are important areas for the growth of the firm. Many existing clients as well as next generation multi-national clients are based in these regions, together with important investment companies and their associated pools of capital. This team will provide a significant boost to our capabilities through their expertise in corporate finance, M&A, financing and risk management.

For further information, please contact:

Leigh Bruce, Head of Corporate Communications, IBIM
+44 (0)20 7773 7371

Jon Laycock, Barclays Capital Communications
+ 44 (0)20 7773 4324

Jonathan Williams, Barclays Capital Communications (Singapore)
+65 6308 3490

Notes to Editors:

About Barclays Capital’s Investment Banking Division

Barclays Capital’s Investment Banking and Debt Capital Markets (DCM) teams provide a broad range of financing and risk management products and services to corporations, governments and financial institutions across the globe. Our client coverage professionals in these teams, with the support of product specialists, work closely with clients to develop effective and innovative solutions to fulfil clients' financing and risk management needs. The structure of our investment banking division allows us to maximize the creative and intellectual capacity of our employees while providing an array of leading products and advisory services. The division is organised into a number of regional, industry and product groups to best serve the unique needs of our clients and deliver the best in class solutions.

Investment Banking

Our banking structure provides clients access to bankers with industry specific and geographic expertise across all investment banking products. Industry specific groups cover diversified industrials, energy, utilities, infrastructure, mining, real estate, retail, financial institutions, telecom, media and technology.

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC which has an AA long-term credit rating and a balance sheet of over £1.2 trillion. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with solutions to their financing and risk management needs.  Barclays Capital has offices in 29 countries, employs over 16,200 people and has the global reach and distribution power to meet the needs of issuers and investors worldwide.

For further information about Barclays Capital, please visit our website www.barclayscapital.com.