Barclays' Private Bank Names New Swiss, Monaco Leadership

Tom Burroughes

12 February 2018

The private bank and overseas services arm of has promoted senior figures in its Europe, Middle East and Africa team, with new leadership in Switzerland and Monaco, this publication has learned.

Gerald Mathieu takes on the role of chief executive and general manager of Barclays Bank (Suisse). Mathieu, who has been working at the bank in Monaco since 2010, will move to Geneva. He led the private banking team in Monaco.

Andrew Mott and Sophie Saurini have been appointed to lead the private banking teams in Monaco. Jean Daniel Troy continues in his role as deputy general manager for Monaco.

The PB&OS business is headed by Karen Frank - CEO PB&OS, which include both Switzerland and Monaco. (She joined the bank in 2016.)

As part of the changes, James Buchanan-Michaelson is leaving Barclays; his future plans aren’t known to this publication at this stage.

PB&OS is part of Barclays International (along with its corporate and investment bank and Barclays’ international cards business). Frank’s team has made more than 100 hires globally over the past 12 months. In August last year, Barclays brought in Bjorn Holderbeke, head of investments for the private bank, MENA, joining from ABN AMRO Private Bank.

The following month, it appointed Andre Portelli, head of the strategic solutions group and private assets, joining from UBS. Also in September, Barclays appointed Lisa Francis as CEO of the private bank for UK and Ireland, coming from Barclays’ investment banking arm. And in October, it named Jean-Christophe Gerard as global head of investments from HSBC. Also in October, Barclays appointed Steve Klemme as head of Middle East in PB&OS. Klemme has more than 30 years’ experience leading Middle East regional teams for global financial institutions. He and his teams are based in London, Dubai and Switzerland.