(15 June 2016 – Hong Kong) According to an internal memo, Barclays Bank has appointed Anthony Davies as head of its Hong Kong branch.
The bank’s Asia Pacific chief, Andrew Jones, circulated a memo stating that Davies will assume his new role alongside his existing responsibilities as Hong Kong country manager and co-head of senior relationship management for Asia ex-Japan.
Earlier this year, the London based bank announced 1200 job cuts globally, and that it will shut investment banking operations in seven countries across the region. These included Australia, South Korea, and Taiwan, which the bank said would be covered from other locations.
“Hong Kong is a key location in Asia for Barclays alongside Tokyo, Singapore, and India,” the internal note said, adding that Barclays Hong Kong was critical to its global business.
Davies has more than 25 years’ experience in Asian financial markets, with most of this time spent covering financial institutions. He joined the Barclays in 2010 and was appointed Hong Kong country manager in March.