Barclays is seeking outside candidates for the post of
communications director for its flagship retail financial services
division, the largest of the four divisions created in its recent
Communications heads are already in place at the other three divisions
but headhunters are still seeking to fill the top job on the retail
The retail financial services division comprises high street personal
banking in Britain and mainland Europe, regional operations in Africa
and the Caribbean, private banking and retail stockbroking.
Barclays’ restructuring, which took effect from 1 April, was designed to
transcend national boundaries by creating four global divisions. In
addition to retail financial services the divisions are corporate
banking, Barclays Capital (investment banking) and Barclays Global
Investors (institutional asset management).
Robert Jenkins is director of communications at Barclays Global
Investors, Leigh Bruce at Barclays Capital and David Lavarack at the
corporate banking division.
The director of communications at the retail financial division will be
handed a worldwide remit and report to its chief executive John
Many UK communications staff at Barclays are still awaiting news of what
their new roles will be within the company. A Barclays spokeswoman
said: ’Some are still waiting to see what their new positions are and
who will be doing what.’
Barclays currently employs around 20 communications staff, ten of whom
will work in the retail financial services division. Nick Cobban,
formerly head of UK banking services PR, heads this team until a
director has been found. Susan Cottam, head of group PR, remains at
Barclays to run PR at group level.
The shake-up comes after Barclays sold the equities and corporate
finance part of BZW to Credit Suisse First Boston for pounds 100 million
late last year.