UPDATE: Barclays Names Benton Asia-Pacific Head Of Oil, Gas
September 29 2009 - 8:22AM
Dow Jones News
Barclays Capital, the investment banking unit of Barclays PLC
(BCS), said Tuesday it has appointed Marc Benton in the newly
created role of Asia-Pacific head of oil and gas group.
"(Benton's) appointment is an integral part of the strategic
build out of our investment banking business in Asia-Pacific, which
is one of Barclays Capital's key priorities for the region this
year," said Matthew Ginsberg, Barclays Capital's Asia-Pacific head
of investment banking.
Barclays started its push into equity capital markets and the
mergers and acquisitions advisory business last year, expanding its
focus from fixed income and lending.
The bank hired Ginsberg earlier this month from Morgan Stanley
to oversee that process.
Barclays said Benton will oversee mergers and acquisitions, debt
and equity financing and risk solution transactions in the sector,
and will report to Carlos Fierro, global head of the natural
resources group and Richard Gallivan, Asia-Pacific head of
corporate finance.
Benton was previously at Nomura Holdings Inc. (8604.TO) where he
held a similar role, it added.
-By Amy Or, Dow Jones Newswires; 852-2832 2335;
amy.or@dowjones.com