Barclays Appoints Ingrid Hengster as Country CEO for Germany and as a Global Chairman of Investment Banking
July 22 2021 - 4:06AM
Business Wire
Barclays today announces the appointment of Ingrid Hengster as
Country CEO for Germany, subject to regulatory approval. Ingrid has
asked the Chairman of the Board of Supervisory Directors of KfW to
terminate her contract and will agree her Barclays start date with
her current employer.
Ingrid will also become a Global Chairman of Investment Banking,
joining the recently introduced CIB-wide Global Chairman's Group,
which brings together Barclays’ most senior and experienced
investment bankers in a new role focused on driving client
relationships, commercial opportunities and revenue growth across
all of the bank’s business lines and regions.
As Country CEO, she will be the local leader for Barclays in
Germany, responsible for executing the country strategy in line
with the bank’s regional and global ambitions. In her Investment
Banking role, she will act as a senior sponsor for key investment
banking clients in the DACH region.
Ingrid joins Barclays with more than 30 years’ experience in
investment banking. She has been a member of KfW Bankengruppe’s
Executive Board since 2014. During this time she has played a
leading role in building KfW’s Venture Capital business, and since
the outbreak of the pandemic, she has led and organised Covid aid
programmes for a number of German companies. Ingrid started her
career in 1984 at Oesterreichische Kontrollbank before joining
Commerzbank where she was Head of Industry, Oil, Gas and Energy
Banking. After taking investment banking leadership roles at UBS
Deutschland and Credit Suisse, she joined ABN AMRO in 2005 as
Country Executive for Germany and Head of Global Clients for
Germany and Austria. Following the takeover of ABN AMRO’s corporate
and investment banking business by Royal Bank of Scotland in 2008,
Ingrid led the integration and management of the DACH banking
business, becoming Country Executive for DACH at RBS and CEO of RBS
Deutschland.
Ingrid will report to Francesco Ceccato, CEO of Barclays Europe,
Reid Marsh, Head of Investment Banking for Europe, Middle East and
Asia Pacific, and Alex Lynch, Global Chairman of Investment
Banking, who leads the Global Chairman’s Group.
Her arrival follows the appointment of Anthony Samengo-Turner
who joins Barclays as Head of M&A for Germany, Austria and
Switzerland in September.
Reid Marsh, Head of Investment Banking for Europe, Middle East
and Asia Pacific, commented: “The DACH region is integral to the
success of our banking franchise in Continental Europe and this
hire demonstrates our continued investment to further strengthen
our European banking talent.”
Francesco Ceccato, CEO Barclays Europe commented: “We have
ambitious growth aspirations for Barclays Europe, and expansion in
Germany is at the heart of our strategy. Ingrid’s client focus and
leadership experience make her an ideal choice for the Country CEO
role, and I’m confident that our talented colleagues in Germany
will benefit enormously from her guidance and counsel.”
Ingrid Hengster said: "The almost eight years at KfW were very
rewarding because I had the opportunity to contribute significantly
to society in a key position. I am now looking forward to a new
challenge in this exciting German and global role at Barclays."
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Tom Sullivan +447796706678 tom.sullivan@barclays.com
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