Barclays today announces the appointment of Tobias Åkermark as Head of Nordic Banking. He will also take on the role of Country CEO for Sweden, subject to regulatory approval.

Tobias Åkermark joins Barclays with 20 years of experience in investment banking, most recently as a Managing Director covering the Nordic region at Morgan Stanley. Prior to joining Morgan Stanley in 2007, he worked for ABG Sundal Collier, JP Morgan and Lazard.

Tobias Åkermark joins in December and will be based in Sweden, reporting to Reid Marsh, in his capacity as Acting Head of European Banking, and Francesco Ceccato, CEO of Barclays Europe. Andy Verdin who has led the Nordic franchise for Barclays since 2006 will take on the role of Vice Chairman for Nordic Banking when Tobias joins the team later in the year.

Reid Marsh, Head of Banking, Europe, Middle East and Asia Pacific, and Acting Head of European Banking, commented:

“The Nordic region is integral to the success of our banking franchise in Continental Europe, and this hire demonstrates our continued investment to further strengthen our European banking talent.”

Francesco Ceccato, CEO, Barclays Europe, commented:

“Tobias has all the right attributes and experience to lead our Swedish franchise and support the growth of Barclays Europe.”