Barclays has announces the appointment of Steve Weston as managing director of retail lending in its UK retail and business banking division.
Weston will be responsible for leading mortgage and consumer lending strategy and for the continued development of products and services in these areas.
He will sit on the UK retail and business banking executive committee, reporting to Ashok Vaswani, Barclay’s CEO of UK retail and business banking. He will begin his new role at Barclays in April 2012.
Weston joins Barclays from National Australia Bank (NAB), where he has been employed since 2009 in the position of general manager, broker platforms, based in Melbourne, Australia. He has worked in the financial services industry for 27 years and over the past decade has held various executive roles in retail and business banking with St.George Bank, Challenger Financial Services and most recently with NAB.
He said: “Barclays already has a strong track record in the UK retail banking market and I intend to help build upon this. The economic climate has presented massive challenges for lenders over the last few years