Barclays appoints John Vitalo as CEO of IBIM for Middle East.Byline: news@cpifinancial.net (Staff Writer) Barclays said it has appointed of John Vitalo as Chief Executive Officer of Investment Banking and Investment Management (IBIM IBIM Istituto di Biomedicina e di Immunologia Molecolare (Italian) ) for the Middle East. The new post will be in addition to his existing roles in Johannesburg as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Absa Capital and his local responsibility in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. for Absa Wealth. In his new IBIM role, Vitalo will be responsible for building out IBIM's three businesses of Barclays Capital Barclays Capital is the investment banking division of Barclays plc. It is a primary dealer in U.S. Treasury securities and various European Government bonds. Barclays Capital is led by CEO Robert (Bob) Diamond, an American who had been vice-chairman of Credit Suisse First , Barclays Wealth and Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. in the region and report to Roger Jenkins Roger Jenkins (born November 18, 1911 in Appleton, Wisconsin - died March 4 1994) is a retired professional ice hockey player who played 327 games in the National Hockey League. , Executive Chairman of Barclays Investment Banking and Investment Management, Middle East. "John has a proven track record of building businesses and deepening client relationships. His appointment will continue the growth of Barclays successful businesses in the Middle East for the benefit of our clients," said Roger Jenkins, Executive Chairman of Barclays Investment Banking and Investment Management, Middle East. For his Africa (including South Africa) investment banking responsibilities as CEO of Absa Capital, Vitalo will continue to report to Maria Ramos, CEO, Absa Group and Benoit de Vitry, Head of Global Markets-Trading, Europe and Head of Commodities and Emerging Markets at Barclays Capital. He will also report to Maria Ramos and Tom Kalaris, CEO, Barclays Wealth, for Absa Wealth. John will split his time between Johannesburg and Dubai. This appointment highlights further the importance of Africa and the Middle East to Barclays, emphasising the importance the firm places on growing its businesses in these regions. Absa Capital is one of the leading investment banks in sub-Saharan Africa and its performance will continue to be an ongoing priority for John and Barclays Capital. The build out of Absa Wealth in South Africa will also be Vitalo's priority. 2009 CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I Financial. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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