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Monday, November 23 - 2009

Barclays appoints Izzat Nuseibeh as CEO of investment banking unit in Qatar

Barclays announces the appointment of Izzat Nuseibeh, as Chief Executive Officer of the Investment Banking and Investment Management (IBIM) arm of Barclays PLC in Qatar, based in the Qatar Financial Centre.

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He will report into Soha Nashaat, CEO of Barclays Wealth, Middle East and North Africa and will be responsible for coordinating all IBIM activities for the Qatari market. Within his new position, Izzat will bring the full array of the Barclays value proposition to the Qatari market.

Before joining Barclays, Izzat spent the last 5 years at Credit Suisse as Senior Executive Officer serving the Abu Dhabi and Doha offices. His responsibilities included Private Banking, Investment Banking and Asset Management. Prior to that he spent 10 years at Deutsche Bank (Bankers Trust) based in Abu Dhabi.

Soha Nashaat, CEO of Barclays Wealth, Middle East and North Africa, said:
"We would like to welcome Izzat Nuseibeh as CEO of IBIM Qatar. His vast experience throughout the region and knowledge of the banking system in Qatar will play a vital role in our operations. Given his background and achievements, we are confident that he will be a valuable addition to the Barclays team in the region."


Izzat attended the University of San Francisco where he obtained a Masters in International Economics. Since 1981, and before joining Deutsche Bank (Bankers Trust) in 1993, his career path led him through the various esteemed organizations such as Citibank, Gulf International Bank, and Qatar National Bank.
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Notes and media contacts

About Barclays Wealth:

Barclays Wealth is the UK's leading wealth manager by assets under management.

It serves high net worth, affluent and intermediary clients, providing international and private banking, investment management, wealth advisory, brokerage and fiduciary services. Thomas L. Kalaris is the Chief Executive of Barclays Wealth and joined the business at the start of 2006. He was voted global Investor's Wealth Manager of the Year for 2007

With unrivalled local expertise and international reach, Barclays Wealth offers a comprehensive range of integrated products and services, and is dedicated to helping clients across the globe acquire wealth, use it, enjoy it and pass it on.

Barclays Wealth is already established in major financial centres (London, Geneva, Monaco, Dubai, Abu Dhabi, Singapore, and Hong Kong). It is part of the Barclays Group, a UK based, major global financial services provider, engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. With over 300 years of history and expertise in banking, the Barclays Group operates in over 50 countries and employs over 155,000 people. Barclays moves, lends, invests and protects money for over 48 million customers and clients worldwide.

For further information contact:

Houri Elmayan
Memac Ogilvy & Mather Public Relations
Dubai, UAE
Office: +971-4-3050330
Fax: +971-4-3050306

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