Barclays has secured the services of Mark Lewellen, who is slated to become the paramount Head of Debt Capital Markets (DCM) and the Risk solutions Group (RSG) at Barclays, according to a recent Reuters report.
In his new role as the DCM head at Barclays, Mr. Lewellen will focus on Europe, Middle East and African (EMEA) markets. His new appointment will be tendered by the end of June. Presently, he is working as the co-Head of DCM Markets alongside Chris Rees, who is returning to Scandinavia, prompting a shakeup.
Over the next few weeks, both Mr. Lewellen and Mr. Rees will team up to help facilitate the handover of responsibilities, targeting month’s end. Mr. Rees has been in investment banking for over two decades, spending the last eight years at Barclays.
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Having initially led corporate risk advisory across Scandinavia, Benelux and Switzerland, Mr. Rees subsequently assumed responsibility for RSG for Northern Europe, culminating in his appointment as co-Head of RSG Europe at Barclays.
Alternatively, Mr. Lewellen joined Barclays in 2000, becoming the head of EMEA corporate DCM. He was appointed as the head of DCM for the region in 2013 and was promoted to his current role as of September last year.
Last month, Barclays lost its Head of FX, Adrian McGowan who left the bank to pursue other interests. His departure was unrelated to a lingering FX probe that convulsed the global banking industry, eliciting record fines.