Barclays has appointed investment banker Lisa Francis as chief executive of its private bank

Barclays has appointed a new chief executive for its private bank covering the UK and Ireland.

Francis is currently head of European corporate FX sales distribution in Barclays’ investment bank, where she was covering corporate, private equity and financial technology clients across Europe.

Barclays said Francis will have a “mandate for growth” in her new role.

“She and her teams will look for opportunities to further strengthen the relationships Barclays has with its clients through bespoke advice and solutions,” Barclays said.

“Given the breadth and depth of her experience, Lisa is ideally placed to facilitate increased collaboration across the business and client access to corporate and investment banking products and services.”

Karen Frank, chief executive of private bank and overseas services globally, said: “Lisa’s background, technical expertise and strong network of relationships will be of great benefit as we continue to invest in and grow private bank and overseas services and help our clients navigate through the global markets.”