Barclays Wealth Management appoints Gerard Aquilina as head of international private bank business

Barclays Wealth Management has announced the appointment of Gerard Aquilina to head up its international private banking businesses, reporting to Thomas L. Kalaris, Chief Executive of Barclays Wealth Management.

Mr Aquilina has over 20 years international experience in investment and private banking and joins Barclays Wealth Management from HSBC Private Bank, New York, where he was CEO Americas heading up 1200 staff in over 20 locations. Prior to that he worked for Merrill Lynch and is also a qualified lawyer.

Mr Aquilina’s role will be to grow and expand Barclays Wealth Management’s offering for affluent and high net worth individuals internationally with particular focus on Europe, the Middle East and Africa.

Michael Morley, who previously headed up the Barclays International Private Bank, has decided to leave Barclays after four years to pursue other interests. During his time with Barclays, Michael has played a central role in consolidating and developing the private bank internationally.

Thomas L. Kalaris, Chief Executive of Barclays Wealth Management said:

“I am delighted to welcome Gerard to Barclays Wealth Management. His track record in business transformation, as well as his international experience, means he is ideally placed to head up Barclays Wealth Management’s international private banking business as we enter a phase of significant expansion. I would also like to take this opportunity to thank Michael for his considerable contribution to Barclays Wealth Management over the last four years.”

Barclays Wealth Management’s private banking businesses provide bespoke banking and investment solutions to high net worth and affluent individuals in the UK and abroad, including investment and wealth structuring advice. It operates in both onshore and offshore markets and is organised around market-focused teams.