Barclays Wealth, the global wealth management division of Barclays, has poached Bryan Henning from Standard Chartered to head global research and investments in Asia. He replaces Werner Schlossmacher, who left in October to rejoin Credit Suisse.
Henning, who joins Barclays Wealth as a managing director, will also be a member of the Barclays Wealth Asia-Pacific management committee. He reports regionally to Didier von Daeniken, Asia-Pacific chief executive of Barclays Wealth, and functionally to Tom Lee, head of global investment products, and Steve Houston, head of distribution.
Based in Singapore, Henning will be in charge of developing and marketing investment ideas and solutions to the Asia private banking business. He will also supervise governance standards for product-related operational procedures, internal controls and risk.
Henning was previously global product head for wealth management at Standard Chartered bank, where he was responsible for strategy, product development and risk management. He has 25 years of experience in the financial services industry in the Asia-Pacific region, of which the past 15 were with Standard Chartered. Standard Chartered did not respond to a query about who has replaced Henning.
Barclays Wealth has made a number of key appointments recently as it seeks to build its private banking team. UBS has been a key poaching ground, losing more than a dozen people to the British bank. Among them are: Srinivas Siripurapu, who joined in August last year as head of South Asia and Southeast Asia, and market manager for the South Asian community; Vikram Malhotra, who has taken up a position as head of South Asia; and Helen Pun, who came on board earlier this month as Hong Kong market head.