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Barclays MD Greenshields to retire in April

Barclays UK Wealth Solutions and Wealth Management managing director Ray Greenshields has announced he will retire in April.

The 58-year old has held responsibility for Barclays Financial Planning, Gerrard, Barclays Stockbrokers, Barclays Life and Barclays Investment Services.

From April, Greenshields business units will report to Barclays Wealth Management chief executive Thomas Kalaris.

Barclays president Robart Diamond says: We owe Ray an enormous debt of gratitude for his many contributions to Wealth Management, which is a significant opportunity for Barclays as it grows its global product businesses both at home and overseas. Ray leaves a business that is significantly stronger than when he arrived and poised for strong growth in the future. We wish him all the best for a well-deserved retirement.”

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