Barclays Wealth, the global wealth management division of Barclays PLC, has appointed Ms. Anne Luke as Managing Director, Head of Client Solutions, Asia, on 10 August 2011, in a further extension of its continuing focus on the ultra high net worth client segment across Asia.
In this role, Ms. Luke will work closely with various units across the Barclays Group to drive the origination, structuring and delivery of bespoke private investment banking solutions to ultra high net worth clients. Typically, such transactions include large and complex deals which provide access to investments, manage financial risks or to provide structured financing across asset classes. Based in Singapore, Ms. Luke will report to Srinivas Siripurapu, Head of South Asia and Southeast Asia, as well as to Pakorn Boonya-kurkul, Head of North Asia.
In a career spanning more than 20 years, Ms. Luke has gained significant experience in private banking, investment banking, as well as in private legal practice. She spent a large part of her career with UBS, where she was responsible for wealth management solutions for the ultra high net worth client segment, and prior to that, she served the wealth management, investment banking and asset management divisions in the Legal and Compliance functions. She was also previously a partner in various law firms, covering banking and finance, as well as corporate advisory.
Mr. Didier von Daeniken, Chief Executive of Barclays Wealth Asia Pacific, said, “Anne has the skill sets and expertise in further enhancing our ability to leverage our expertise across the Barclays Group, and to deliver bespoke solutions and significant benefits to our client base across Asia. With her deep experience in banking and law, I am confident Anne will be able to further extend Barclays Wealth’s ability to provide customised complex solutions to our ultra high net worth client segment, and continue to drive our efforts in positioning Barclays Wealth as the wealth manager of choice for ultra high net worth individuals.”
In the past 18 months, Barclays Wealth in Asia has built a range of capabilities to cater to the complex needs of ultra high net worth clients. Recognising the sophisticated and diverse requirements of today’s ultra high net worth individuals, Barclays Wealth has introduced bespoke solutions in credit, derivatives, foreign exchange and trust structuring, to unlock the value from often complex portfolios, and help clients to monetise the full value of their assets.
In addition to providing the entire suite of private wealth management solutions, Barclays Wealth also caters to the sophisticated business needs of entrepreneurs in Asia, through drawing on the capabilities of Barclays Group, offering clients an array of other services including capital-raising activities, access to sector specialists and advisors, as well as institutional trading platforms.