Makram Azar, chairman for Barclays’ Europe, Middle East and Africa banking operations, retired from his role at the British lender, according to a memo to obtained by Bloomberg News.
Azar, who also headed the bank’s Middle East’s operations, will return as a senior adviser in January 2019, according to the memo issued by Joe McGrath, global head of banking. He is leaving the bank to pursue new business opportunities and spend more time with his family, the memo said.
In them meantime, Reuters reports that JPMorgan has promoted mergers and acquisitions (M&A) banker Carsten Woehrn to take the newly-created role of head of Europe, Middle East and Africa Infrastructure M&A, according to an internal memo.
Finally, Bloomberg News also reports that Benito Berber, the senior Latin American strategist at Nomura Holdings Inc. in New York, has left the company, according to two people familiar with the departure.
Berber, who covered economies including Mexico and supervised coverage of Colombia and Brazil, left the firm in recent days, according to the people who asked not be named because they aren’t authorized to speak publicly. Jennifer Will, a spokeswoman for Japan’s largest brokerage in New York, declined to comment.