Barclays has appointed Steve Klemme as head of Middle East in Private Bank & Overseas Services.
With over 30 years’ experience leading Middle East regional teams for global financial institutions, Klemme brings a range of expertise that will support the delivery of a high-growth strategy for private bank and overseas services across the region.
He and his teams based in Dubai, Switzerland and London will develop relationships with Middle Eastern HNW and UHNW clients through the delivery of advice and solutions and access to corporate and investment banking products and services.
Karen Frank, CEO, private bank & overseas services, Barclays, said: “This year we have completed a series of strategic appointments to deliver increased growth and returns for Private Bank & Overseas Services. I’m excited to see our all new colleagues take up their seats because it shows the ambition of what we want to achieve for our clients. Steve’s appointment significantly advances our plans to strengthen our capabilities in the Middle East.”