Barclays puts two insiders in top roles as seeks to grow profit

Reuters  |  LONDON 

By Lawrence White

appointed as for International, the unit that houses its investment and private businesses, a for the said, confirming what a source had told on Friday.

The British lender has also appointed as for Barclays Plc, the new legal entity which houses following the lender's split into and

The appointments are the latest in a series under Tim Throsby, the Australian former appointed by in September 2016 to improve performance at Barclays' investment division.

Penketh, who was appointed to his new post in April, joined Barclays in 2004 and most recently headed the bank's project to separate its UK business from its International unit to comply with British rules designed to safeguard British savers.

Ewart also joined the bank in 2004 and was appointed to his new role in June, pending regulatory approval.

(Reporting by Lawrence White; Editing by and Alexander Smith)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 22 2018. 19:37 IST