Barclays Wealth, the wealth management division of UK’s leading financial services provider Barclays, has roped in Srinivas Siripurapu on board as MD, reports Asian Investor.
Siripurapu was previously the country head for India international Asia at UBS Singapore and was responsible for a team of bankers servicing South Asian clients based out of Hong Kong and Singapore. He has over 25 years of experience in investment and private banking in India and across Asia.
He will join Barclays from November this year and will head Barclays’ Southeast and South Asia as well as market manager, South Asia community and will be based in Singapore.
Reports suggest that Siripurapu will bring with him a team of nine other professionals from UBS to Barclays.
As head of Southeast Asia and South Asia, Siripurapu will be responsible for developing the business and managing the Asia based private banking teams covering these two regions. He will report to Didier von Daeniken, chief executive of Barclays Wealth for Asia Pacific.
Barclays Wealth has total client assets of $218 billion as of June 30, 2009. It has offices in 25 countries. In Asia, Barclays Wealth has offices in Hong Kong and Singapore.
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