Barclays has said that Emmanuel Fievet, head of wealth management for the U.K. and Europe, has left the company and will be replaced by Henry Fischel-Bock.
Fievet decided to leave after five years in senior management roles, according to an internal company memo seen by Bloomberg News and confirmed by the company.
Fischel-Bock has spent 30 years in the wealth management industry and joined Barclays in 2010 from International Planning Group, a client-advisory firm in Miami.
David Semaya will retire after leading the private-banking business in the U.K. and Ireland, according to the memo.
Fievet’s exit follows Stefanie Drews’s departure from the helm of Barclays’s ultra-wealthy clients and family offices unit in London, which the firm reported earlier this week.
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Barclays European Wealth Chief Emmanuel Fievet Quits Bank
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