Barclays Plc, a British multinational investment bank, announced on Wednesday that it appointed Davide Sala as its new Managing Director and Head of Industrials M&A for Europe, Middle East and Africa (EMEA). According to the press release, he will take the lead of Barclays’ client dialogue for European clients within the industrials sector.
“The Industrials sector is an important focus in building the success of our banking franchise across Europe, and this hire demonstrates our continued investment to further strengthen our European banking capabilities,” Reid Marsh, Barclays Head of Banking in Europe, Middle East and the Asia Pacific, commented on Sala’s onboarding.
Sala has vast experience within the financial industry, having worked for over 22 years at Credit Suisse in London and New York. He focused his career on providing advice on M&A and financing to clients across industrials space. He recently served as the Head of European Diversified Industrials and Aerospace and Head of European Building Materials coverage.
The new Barclays executive will report to Pier Luigi Colizzi, Head of Investment Banking, Continental Europe, and Co-Head of M&A, EMEA, and Omar Faruqui, Co-Head of M&A, EMEA. “The strength and breadth of Davide’s industrial expertise will serve us well in an incredibly active M&A market with no signs of a slowdown,” Colizzi stated.
Recent Barclays Executive Moves
Recently, Finance Magnates reported that the investment banking giant hired Ee Ching Tay, the former Managing Director and Head of Southeast Asia M&A at JPMorgan, as the new Head of Southeast Asia Banking. Tay will be responsible for the bank’s growth in Southeast Asia through a strategic focus on mergers and acquisitions (M&A).
She will lead and cultivate the most senior client relationships of the bank in the region. Tay has more than 25 years of experience in banking. She joined Standard Chartered as an Investment Banking Analyst in 1996 and worked with the bank for nearly three years in Singapore.