Barclays Investment Bank appoints Alex Lynch as Chairman of Banking
30 May 2020 - 12:20AM
Business Wire
Mr. Lynch will enhance Barclays’ client coverage, primarily in
the Financial Institutions industry, and will focus on increasing
senior level connectivity
Barclays today announces the appointment of Alex Lynch to the
role of Chairman of Banking within its Investment Bank. Mr. Lynch
will be based in New York and report to Joe McGrath, Global Head of
Banking.
Mr. Lynch will focus on developing relationships with Barclays’
clients, both within the financial institutions space and in other
industries, particularly those that have propositions overlapping
with and/or strong connections to financial institutions. He will
enhance Barclays’ franchise in advisory and capital formation
engagements and will work at a senior client level to help maximize
business opportunities for clients.
“We are delighted to welcome Alex to our team,” said Joe
McGrath. “With a long career spanning both the buy-side and
sell-side and extensive experience in advisory, capital markets and
investment roles, I know that Alex’s perspectives and knowledge
will be of great value to large-cap and middle market clients
across our franchise.”
Before joining Barclays, Mr. Lynch was a partner at White Deer
Energy, a private equity group focused on middle market energy
companies. Prior to that, he spent 15 years at J.P. Morgan, where
he served as a Global Chairman of J.P. Morgan’s Investment Bank. He
also served as Chairman of the North American Mergers and
Acquisitions Group and Global Chairman of the Financial
Institutions Group (FIG) while at J.P. Morgan. Before joining J.P.
Morgan, Mr. Lynch was a general partner of The Beacon Group, a
private investment and strategic advisory firm, and was a member of
its Operating Committee and Investment Committee. He began his
career at Lehman Brothers, where he was ultimately a member of that
company’s management committee.
“Alex is particularly well-known within the financial services
industry, and during his career, his expertise and connections have
been the foundation of many transformational deals,” says Tim Main,
Head of FIG Banking. “Our clients will find much value in his
perspectives, especially on the future of the financial services
industry and how other industries can adapt to and benefit from
that.”
Mr. Lynch currently serves on the board of the Cancer Research
Institute. He has served in the past on a number of NYSE
publicly-traded and privately-held corporate boards, as well as on
the board of numerous not-for-profit organizations and educational
institutions.
Alongside Grant Porter, Mr. Lynch will be one of two Chairman in
Banking to report directly to Mr. McGrath., in recognition of Mr.
Porter’s and Mr. Lynch’s prominence in the industry, and ability to
have a wide-ranging impact across Barclays’ Banking franchise. Mr.
Porter has been one of Barclays’ most successful bankers during his
long tenure at the firm, and his client relationships and impact on
colleagues extend far beyond his background leading Barclays’
natural resources business.
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. For further information about
Barclays, please visit our website www.barclays.com. Barclays
offers investment banking products and services in the US through
Barclays Capital Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20200529005419/en/
Press Contacts: Andrew Smith +1 212 412 7521
andrew.x.smith@barclays.com
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