LONDON (Reuters) - Barclays (LON:BARC) vice chairman of banking, Matthew Ponsonby will retire from the British bank at the end of January, according to a memo seen by Reuters on Friday.
Ponsonby, who joined Barclays from Citigroup (NYSE:C) in 2009 as co-head of European mergers and acquisitions (M&A), played a key role in building out Barclays' banking franchise in Europe, the Middle East and Africa (EMEA), having held a variety or roles during his eight years at the bank.
He was appointed chief operating officer (COO) of Banking, EMEA in 2013 and co-global COO of banking in 2014 before assuming the role of vice chairman in May 2015.
"His breadth of experience and effective leadership have played a crucial role in driving the strategy of the banking business, against a backdrop of significant internal and external change," John Mahon, head of banking EMEAPAC said in the memo.
A Barclays spokesman in London confirmed the contents of the memo.