GRCBGlobal Retail and Commercial Banking
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Bret joins GRCB Emerging Markets after nearly 3 years as Managing Director of Barclays Financial Planning and Premier Banking with Barclays UK Retail Banking operation.
"A compelling Premier proposition and a clear Liabilities strategy are both fundamental to underpinning the future success of the GRCB Emerging Markets Retail business," said Vinit Chandra, Chief Executive, GRCB Emerging Markets.
Following the acquisition, and subject to regulatory approval, Samir Gupta has been nominated as the Managing Director of Barclays Bank Indonesia and will report to Ahmed Khizer Khan, Chief Executive of Barclays GRCB Emerging Markets.
'As the country shows signs of an economic rebound, we are hopeful that our business environment will be stable and our balance sheet will be much stronger after the public listing,' said Peng Zhijun, vice president and chief risk officer with GRCB.
GRCB Emerging Markets serves more than 3 million customers and employs more than 21,000 colleagues.
Barclays Global Retail and Commercial Banking (GRCB) encompasses all of Barclays retail and commercial banking businesses around the world.
Mango is a UK-registered charity and the partnership is across Barclays GRCB's emerging market entities, Barclays GRCB said.
Barclays Global Retail and Commercial Bank (GRCB), India (LSE: BARC) has announced that it has launched a new simplified investment process (SIP) scheme in India.
Job losses will take place in the Global Retail and Commercial Banking (GRCB) Technology department this year, the bank staff reportedly said.
Barclays Plc has confirmed the resignation and said, 'Samir has made a great contribution to the establishment of Barclays GRCB (Global Retail & Commercial Banking unit) in India, and has successfully led Barclays' operations across the whole India & Indian Ocean region.'
'We have significant ambitions on retail,' Pietro D'Anzi, general manager of retail at Barclays GRCB Italia reportedly said at a press conference in Milan.
The company said that it has appointed Michael Miebach as managing director, Barclays Global Retail and Commercial Banking (GRCB) in the Middle East and North Africa.