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Cyrus Ardalan

Cyrus Ardalan

Vice-chairman, Barclays Capital

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. He reports to Naguib Kheraj, global head of investment banking, and to chairman Hans-Joerg Rudloff.

Ardalan says he was attracted by what he calls Barclays Capital's "fully-integrated debt business". This, he says, "can provide clients with all debt-related products, looking after all their funding needs under one integrated platform.

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