Barclays appoints UBS executive as COO for Asia private banking arm

Barclays has named Werner Schlossmacher arsenic main operating serviceman for its Private Bank operations successful Asia, with the relation based successful Singapore.

He volition study to Leo Müller, the COO for Barclays Private Bank & Wealth Management.

Schlossmacher has much than 30 years of acquisition successful wealthiness management, moving crossed Singapore, Hong Kong, and Switzerland.

Before joining Barclays, helium was astatine UBS wherever helium led integer translation projects for the wealthiness absorption business.

His responsibilities included overhauling mobile and physics banking platforms and introducing generative AI tools aimed astatine improving experiences for clients and advisors.

Earlier, Schlossmacher held assorted elder positions astatine Credit Suisse astir 2 decades. His enactment focused connected integer platforms, front-office applications, and wealthiness absorption successful the Asia-Pacific region.

In his caller post, Schlossmacher volition oversee operational enactment for Barclays Private Bank successful Asia.

He volition beryllium progressive successful processing integer initiatives, reinforcing operational frameworks, and preparing for the motorboat of the bank’s upcoming booking centre successful Singapore, according to Entrepreneur.

Leo Müller said: "Werner is an exceptional relation with heavy acquisition crossed Asia and Europe. His enactment volition beryllium instrumental arsenic we proceed to standard our concern successful Asia and hole for the motorboat of our booking halfway successful Singapore.

"His way grounds successful integer translation and level plan positions him perfectly to assistance america present a much modern, intuitive and scalable operating situation for clients and advisors."

This assignment follows enactment alteration astatine Barclays successful Japan.

In December past year, Hiroshi Minoura was named president of concern banking astatine Barclays Securities Japan, wherever helium is liable for guiding the firm’s concern banking efforts successful the country.

"Barclays appoints UBS enforcement arsenic COO for Asia backstage banking limb " was primitively created and published by Private Banker International, a GlobalData owned brand.

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