Barclays Wealth nabs Colchester from Rothschilds

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Barclays Wealth has announced the appointment of Jonathan Colchester as a Director in its London operation. He will report to Richard Green, who heads up the UK Private Banking division.

Colchester joins in December from Rothschilds Private Management where he was a Director with responsibility for developing UK and international business.

He has also worked for Coutts, Credit Suisse and Merill Lynch in a 13 year career in private banking. Before that Jonathan was a successful entrepreneur, running his own businesses.

Mark Kibblewhite, Managing Director of Barclays Wealth, said: “The hire of Jonathan further bolsters the credentials of our UK private banking business. His heritage in the private banking sector and specific expertise in developing new business will be a major asset for us.”

Barclays Wealth has made a number of key appointments since the beginning of the year.

In the UK these include: Gerard Aquilina as Head of International Private Bank; Edward Chadwyck-Healey as Managing Director in the High Net Worth segment of the UK Private Bank; Paul Richardson as Director with responsibility for Sport, Media and Entertainment; Kevin Lecocq, Head of the Product Office; Jeremy Arnold, Head of Wealth Advisory; Brian Cordischi as Head of Investment Management and Farzan Riza, COO across Gerrard UK Private Bank.

International appointments include: Rodney Allen, Head of Wealth Structuring based in Geneva; Soha Nashaat, Head of the Middle East; Jamie Apold, a Senior Private Banker in Geneva; and Vicky Patino, Geneva Sales Director for International Affluent business.

Barclays Wealth

About Barclays Wealth

Barclays Wealth is the leading wealth manager in the UK with Sterling 84bn assets under management (2006). It is made up of a number of businesses that provide customers with a comprehensive range of solutions covering private banking, investment, life and pensions to meet their financial planning needs, in the UK and overseas.

Barclays Wealth is part of the Barclays Group, one of the largest financial services groups in the world by market capitalisation. Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth and investment management services. Operating in over 60 countries and employing over 113,000 people, we move, lend, invest and protect money for over 25 million customers and clients worldwide.

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