Strategy & Practice Management

Barclays announces senior appointments

Barclays has announced the appointment of Carrie Chen as Vice Chairman of Greater China Banking and Sung-Min Chung as Head of Technology in Banking for Asia Pacific.

Based in Hong Kong, according to a press release, Chen and Chung will be involved in strengthening senior client coverage and meaningfully broaden Barclays’ client footprint in the region.

Chen brings over 15 years of experience in investment banking in China. She joins Barclays from Morgan Stanley where she was a Managing Director in China coverage and has an impressive deal track record in both advisory and capital raising transactions for blue-chip clients across a wide range of sectors including FIG, Industrials and TMT. Before that, Chen was at Bank of America Merrill Lynch, Macquarie Group and McKinsey & Co.

Chung joins Barclays from iTutorGroup as Group Chief Financial Officer. Previously, Chung was Head of TMT for ZZ Capital International. Prior to that, he was a Director in TMT at Bank of America Merrill Lynch. Chung brings a wealth of experience across a wide spectrum within the technology space, specialising in cross-border M&A and capital market financings.

Vanessa Koo, Head of Banking for Asia Pacific and Greater China, Barclays, said “Both of these appointments are a clear demonstration of our continued focus and commitment to invest for growth in the region. I believe our new hires will significantly contribute to our already talented team in the region as we remain committed to continue to deliver world-class solutions to clients in Asia and globally.”