People: Cyrus Ardalan

Vice-chairman, Barclays Capital

Author: Philip Eade

The latest high-profile recruit to arrive at the headquarters of Barclays Capital on London’s Canary Wharf is Cyrus Ardalan, a quietly charming Iranian-born former World Bank executive and subsequently one of the best-known coverage officials during his 10 years at Paribas where he ran the global bond business.

Ardalan becomes Barclays Capital’s third vice-chairman, joining Euan Harkness and Sir Brian Appleyard. His job will be to help – in a “hands-on, client-facing role” – the bank’s push into continental Europe, concentrating on Scandinavia, the Netherlands and southern Europe.

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