The wealth and investment management division of Barclays has appointed a new managing director based in London.

The wealth and investment management division of Barclays has appointed Andrew Hodson as managing director based in London.

Hodson joins the firm in June and will report to Christian Berchem, head of high net worth at Barclays in the UK and Ireland.

Hodson joins from Citi Private Bank, where he was a private banker focused on technology entrepreneurs in the UK. Before that, he was managing director at HSBC Private Bank, where he helped develop the broader wealth management proposition and ran the bank's domestic high and ultra high net worth wealth management teams in the UK.

In his new role, Hodson will be managing a team of HNW bankers and will focus on areas such as intergenerational wealth planning and bespoke investment solutions.

David Semaya, head of wealth management in the UK and Ireland, said that the firm has appointed 12 senior client-facing professionals in the past year, seven of them in the HNW team. He also said that the bank is planning further appointments for this business.

In other recent developments at the firm, it was announced last week that Thomas Kalaris, chief executive of the wealth and investment management division of Barclays, is set to relocate from London to New York and is taking on the additional role of executive chairman of the Americas, a new position at the UK-listed bank. Kalaris will retain his current executive responsibilities, both as CEO of the wealth and investment management division and his role chairing the Barclays client committee.