Following a busy 2012, Barclays Wealth & Investment Management in the Isle of Man has welcomed three new experienced bankers to bolster the existing Business Banking team.
The appointments comprise a new Head of Business Banking – Aidan Doherty – and two relationship managers Brian Cocker and Kelly McKeating. Between them they bring over 75 years’ relevant experience and their previous roles encompass broad international banking experience in positions in countries including Ireland, the UK, the Cayman Islands and the Isle of Man.
Supported by professional international relationship managers, the Barclays Wealth & Investment Management Business Banking team works directly with international and locally-based businesses. The Business Banking offering includes a full range of tailored international banking services, day-to-day banking requirements, foreign exchange, treasury and investment products and services, supported by world-class regulatory and compliance arrangements, backed by, and with access to, the global resources of the Barclays Group.
Aidan Doherty, Head of Business Banking said: ‘I speak for the three of us in saying that we are thoroughly enjoying and relishing our roles within Barclays Wealth & Investment Management and are pleased to be adding to and building on the experience and specialisms of the Isle of Man-based team to further promote the breadth and quality of banking services to both international and Island business clients.
‘Our philosophy is very much based on relationship banking – delivering relevant and market-leading products and services to clients based on our experience and knowledge.
‘The Isle of Man has many benefits as a banking base for international businesses including trade access to the London Stock Exchange, over 30 Tax Information Exchange Agreements and Double Taxation Agreements, as well as its OECD white-listing, FATF recognition, and IMF validation.’
Stuart Nelson, Head of Corporate at Barclays Wealth & Investment Management, said: ‘It’s a perfect time to welcome Aidan, Brian and Kelly along with all that they bring to enhance our Business Banking offering.
‘Following the continued growth we have achieved over the past three years, it’s great to be able to bring such relevant and invaluable experience to the team. All three will undoubtedly further enhance our Business Banking offering to clients both international and on-Island.’
‘This is an exciting time for Barclays Wealth & Investment Management in the Isle of Man; a combination of work in their own distinct sectors by our Business Banking team and our Intermediaries team is helping to win encouraging levels of new business for the Isle of Man as a jurisdiction, in particular from our core target business development areas of India, the USA and Africa.’