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Barclays appoints Neel Laungani as Head of Financial Sponsors, Asia Pacific

Neel Laungani’s appointment to accelerate growth ambitions across Investment Banking, and support delivery of Barclays’ three-year plan


Hong Kong SAR – WEBWIRE –

 Barclays announces the appointment of Neel Laungani as Head of Financial Sponsors for Asia Pacific. In this role, Neel will be responsible for leading the financial sponsors franchise in the region through transaction origination and execution, as well as strategic coverage of the region’s core clients. He will support clients, in close collaboration with other coverage and product bankers, seize new opportunities across regions with the bank’s global teams and capabilities, and strategic commercial offerings.

Based in Hong Kong, Neel will report regionally to Avinash Thakur, Head of Investment Banking, Asia Pacific, and functionally to Christian Oberle, Global Head of Financial Sponsors.

“I am delighted to welcome Neel to Barclays. His appointment emphasises our commitment to growing our Investment Banking franchise and our ability to attract high quality talent from the industry,” said Avinash Thakur. “As a top five global financial sponsors franchise, we have the global reach and sector depth across the world’s largest financial centres, which is a key differentiator to our clients. Neel will be instrumental in growing our Advisory and ECM activities with sponsor clients – one of our key priorities - by drawing on the full strength of Barclays.”

Neel brings ˜29 years of investment banking experience, with a distinguished track record in financial sponsors and the Technology, Media, and Telecom (TMT) sectors. His career began at Lehman Brothers, where he spent more than 14 years and rose to Managing Director and Head of TMT in APAC. Neel then held senior leadership roles at Credit Suisse, Standard Chartered and Deutsche Bank. Most recently, he served as Managing Director and Head of Financial Sponsors Coverage for APAC at Credit Suisse, and as Vice-Chairman of TMT Coverage in the region.

Notes 

About Barclays

Our vision is to be the UK-centred leader in global finance.  We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank.  Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

About Barclays in Asia Pacific

Barclays has been present in Asia Pacific (APAC) for over 50 years, supporting corporations and financial institutions across key markets including Australia, Hong Kong SAR, India, Japan, Mainland China, Singapore, and Taiwan. The bank caters to its clients’ cross-border Investment Bank needs and connects them to the capital markets in the UK, Europe, Americas, and APAC. Barclays also has a growing Private Bank business in APAC, with operations in both India and Singapore. The Barclays Global Service Centre (BGSC), a global capability centre located across multiple cities in India, supports the bank’s businesses worldwide, delivering innovative end-to-end business solutions across Technology, Operations and Functions. Barclays in APAC is headed by Jaideep Khanna, who also leads the bank’s Global Markets business in the region. Its regional Investment Banking business is led by Avinash Thakur and Praveen Kumar leads BGSC.

Recent key hires and development at Barclays in Asia Pacific

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