Barclays names Carrie Chen, Raymond Yu Co-Heads of Investment Banking, Greater China
Barclays today announced the appointment of Carrie Chen and Raymond Yu as Co-Heads of Investment Banking, Greater China, in addition to their current responsibilities, with immediate effect.
In addition to their expanded roles, Ms. Chen currently serves as Vice Chairman of Investment Banking, Greater China. Mr. Yu is Head of Power and Utilities, Asia Pacific, as well as Head of Real Estate, China. Both will continue to be based in Hong Kong and report to Vanessa Koo, Head of Investment Banking, Asia Pacific, who will dedicate her focus on driving strategic growth for the franchise.
China presents one of the largest and most exciting growth opportunities in the world. Barclays’ Hong Kong branch has been the key platform to drive growth for its clients in Greater China in the past five decades, supported by the bank’s global cross-border Corporate and Investment Bank (CIB) platform and strong collaboration between businesses.
As Co-Heads, Ms. Chen and Mr. Yu will build upon the excellent momentum achieved by the Investment Banking team by broadening and deepening coverage in the Greater China market. They will work in close collaboration with Barclays’ China Country CEO Angela Liu, and Anthony Davies, its Chief Executive of the Hong Kong Branch, as well as with colleagues across CIB.
“Both Carrie and Raymond are seasoned bankers with a proven and consistent track record in Greater China deal-making, coupled with their strong leadership experience and complementary backgrounds. It gives me great pleasure to elevate top talent and to appoint them as my successor to lead Greater China Investment Banking,” says Vanessa Koo, Head of Investment Banking, Asia Pacific.
With close to 20 years of experience in China investment banking, Ms. Chen joined Barclays in 2020 and has built an impressive track record in Advisory and Capital Markets transactions for blue-chip Chinese clients across a broad range of sectors.
Joining Barclays in 2009, Mr. Yu has been a trusted strategic advisor to many distinguished mainland Chinese and Hong Kong conglomerates and clients in the Power and Utilities and Real Estate sectors.