Barclays has appointed Steve Rickards as head of offshore funds.
He will lead the creation and implementation of the bank’s offshore funds strategy and report directly to Paul Savery, managing director of personal and corporate banking in the Channel Islands.
Rickards has 30 years of experience with Barclays in corporate banking and international finance centres. For the last four years he has been heading up the Guernsey Funds team, providing debt solutions for private equity and working with locally based fund administrators.
Savery said: “Barclays’s funds segment has seen some terrific cross-functional success over the past year or so.”
“Specifically, the offshore business has worked hand-in-hand with the funds team in London to bring the very best of Barclays to our clients, and [Rickards] has been a real catalyst to driving this relationship from a Guernsey perspective.”
