Barclays Bank appoints Patel as Middle East new trade head

Barclays Bank, a major global financial services provider, has announced the appointment of Kersi Patel as head of trade and working capital, Middle East.

He will be responsible for building the trade and working capital product and sales organization in the region aimed at growing Barclays’ market share in these businesses.

Rezwan Mirza, managing director, head of corporate coverage, UAE and GCC, said: “This appointment is part of Barclays’ strategic focus on accelerating the growth of its corporate banking business across the region.”

He added: “The UAE and the wider GCC region continue to offer substantial growth prospects for our regional and multinational clients. This appointment reaffirms our bank’s commitment to enhancing our regional capabilities and offering our clients the integrated solutions they require to address their financial requirements.”

Kersi Patel joins Barclays from HSBC Bank Middle East Ltd. where he was the head of trade and supply chain for Middle East and North Africa.

Previously, he has held several senior roles across trade and transactional banking in HSBC, Deutsche Bank and Emirates Bank.

Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia.