People moves: Barclays beefs up in Asia
Barclays Capital has confirmed one appointment and two internal promotions in its Asia-Pacific FX senior management team. As reported here in April, Adrian McGowan is joining as managing director and head of foreign exchange trading, Asia-Pacific, from Deutsche Bank. Based in Singapore, he will report to Ivan Ritossa, the firm’s global head of FX and head of global markets trading, Asia-Pacific.
Meanwhile, Lutfey Siddiqi, managing director and Asia-Pacific head of corporate FX and risk advisory, has now assumed management responsibility for distribution of the full suite of flow and structured FX products across both corporate and investor clients in Asia-Pacific. He will report on a regional basis jointly to Kevin Burke, head of distribution, Asia-Pacific, and Patrick Kwan, regional head of derivatives and financing solutions, investment banking division, and globally to George Athanasopoulos, global head of FX sales and emerging markets sales for institutional investor clients.
Also, Dean Tonkin, currently head of FX trading, Japan, and regional head of FX forwards, has assumed additional regional responsibility for FX spot trading and FX proprietary trading, reporting to Adrian McGowan.
“Our foreign exchange business has made tremendous strides towards becoming the premier provider of risk management, investment and execution services for our clients,” says Ritossa.