Barclays Wealth, the wealth management division of Barclays PLC, has appointed Ms. Asha Mathen as Director, Private Client Group, Chennai. In this role, Ms. Mathen oversees and manages the team of private bankers covering Tamil Nadu, and assumes overall responsibility for the development and bottom line of this key market. She reports to Vishal Jain, Managing Director, based in Mumbai.
Mathen has over 22 years of experience in the financial services industry. She started her career at the Reserve Bank of India and moved to ICICI Bank where she headed the Chennai region overseeing 42 branches. In 2005, she joined Deutsche Bank to start its Chennai retail banking division, and went on to head the South and East regions for the Bank. In 2008, she moved to the Private Wealth Management division of Deutsche Bank.
Satya Bansal, Chief Executive of Barclays Wealth India comments, “India is a key market for us in Asia Pacific and Chennai a growing region of focus within India with its significant pool of high net worth individuals. The needs of high net worth individuals are highly specific and unique and we are committed to building up our talent pool to better serve our clients here. Asha brings with her deep insights into the Chennai region and her appointment further strengthens our efforts to expand our best in class client coverage team in India.”
Barclays Wealth launched its business in India in 2008, offering wealth management to the country's growing segment of high net-worth families. Across India, Barclays Wealth has offices in Mumbai, New Delhi, Bangalore, Chennai and Kolkata.
