Barclays Private Bank names new chief executive

Karen Frank exited the role several months ago for a teachers pension plan

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Barclays Private Bank has named Jean-Christophe Gerard as its chief executive.

Gerard (pictured) has been with the firm since 2017, holding several roles including head of private bank Europe, Monaco and Switzerland, and CEO of Barclays Monaco. He started at the company as head of investments.

Overall, he has almost 30 years of experience in private banking, asset management and investment banking. Before joining Barclays he spent 24 years at HSBC, latterly as global head of investment products at the private bank.

Gerard replaces Karen Frank who left the role in June to join the £120bn Ontario Teachers Pension Plan as senior managing director, equities, to lead its private capital and high conviction equities department.

Gerard’s appointment follows a series of recent announcements that has seen the private bank strengthen its international senior leadership team.

Last month Effie Datson joined as global head of family office and Melanie Aimer as global head of client experience. In June, Olivier Franceschelli was appointed head of private banking in Monaco and Alan Werlau head of investments for Barclays Bank Ireland.

Barclays consumer banking and payments CEO Ashok Vaswani said: “With a long and successful career in private banking and financial markets Jean-Christophe is brilliantly placed to lead the private bank as we focus on supporting our clients and our next of phase of growth.”

Gerard added: “I am very much looking forward to leading Barclays Private Bank as we accelerate our growth as the quality private bank and partner of choice to global UHNWIs and family offices looking for a full range of specialised services across international booking platforms.”

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