Barclays Appoints New Vice Chairman and New Head of Technology

Carrie Chen was appointed as Vice Chairman of Greater China Banking and Sung-Min Chung as Head of Technology in Banking for Asia Pacific at Barclays in Hong Kong, the bank announced today.

Chen and Chung will be based in Hong Kong and were hired to strengthen senior client coverage and meaningfully broaden Barclay’s client footprint in the region.

Chen joins the bank with 15 years of experience in investment banking in China. She moves to Barclays from Morgan Stanley, where she was a Managing Director for Greater China coverage. She has an impressive deal track record in both advisory and capital raising transactions for blue-chip clients across a wide range of sectors, including FIG, Industrials, and TMT. Prior to that, she worked at Bank of America Merrill Lynch, Macquarie Group, and McKinsey.

Chung joins the bank from iTutorGroup as Group Chief Financial Officer. Previously, he was Head of TMT for ZZ Capital International. Prior to that, he was a Director in TMT at Bank of America Merrill Lynch. He brings a wealth of experience across a wide spectrum within the technology space, specializing in cross-border M&A and capital market financing.

“Both of these appointments are a clear demonstration of our continued focus and commitment to invest for growth in the region. I believe our new hires will significantly contribute to our already talented team in the region as we remain committed to continue to deliver world-class solutions to clients in Asia and globally”, says Vanessa Koo, head of Banking for Asia Pacific and Greater China at Barclays.